Concept: Argentina-based cybersecurity company ‘VU’ has created a fraud prevention and identity protection solution for both businesses and citizens. It aims to provide frictionless, secure digital experiences that digitally transform as well as enhance the business, tightening the security level of companies across the globe.
Nature of Disruption: VU’s technology provides robust citizen identity verification through the combination of traditional cybersecurity controls with geolocation, machine learning, ID recognition, and user behavior analysis. It enables a continuous authentication process that observes and connects their online and offline personas. It mostly assists government institutions in nations such as Argentina and Ecuador in determining whether or not people are who they claim to be. Its suite of the solution include Biometric – manages citizen’s life cycle during the digital transformation process, enables remote identification through the voice recognition, biometric authentication through facial recognition. Fraud Prevention – offers a transactional analysis of user behavior and channels for fraud detection…
