Paygilant is a revolutionary frictionless digital banking and payments anti-fraud company, designed for the new Fintech era. In this Hacker Hotshots, we learn about the Paygilent solution.
Paygilant is an anti-fraud and frictionless authentication visionary in the digital payments space, that employs deep expertise, insight, and ingenuity to boost mobile & web payments apps’ revenue. Paygilant tackles fraud threats and seamlessly authenticates customers throughout the entire user-journey, making its solution 100% designed for digital channels.
Frictionless Mobile Payment Fraud Prevention A mobile-based technology, Paygilant enables a frictionless mobile payment experience, whether executed by NFC, QR Code, or online. By triggering an immediate authentication only upon a suspicious fraudulent attempt, mobile payment providers benefit from an unparalleled fraud detection rate that also drastically saves in operational costs.
Company "Mission" (Tagline): Safer, Faster, and Easier Digital Payments
Classification: Computer (Cybersecurity) Software
Specializations: Mobile Wallet Fraud Prevention, Mobile Wallet Frictionless Payment, Fraud handling Operational Cost Reduction, Merchant Fraud Prevention, and Mobile Payment Liability Shift
Address/location: David Ben Gurion Rd 10, Ramat Gan, Israel
Company Size: 11-50 employees
Main Website: Paygilant
Hacker Hotshot Speaker: Asa Zaidman
Date of Recording: December 3rd, 2020
About Asa Zaidman:
Product enthusiast and user experience architect in varied technological fields, with a unique specialty in anti-fraud, payments and cryptocurrency.
Questions We Asked:
10:20 Am I correct in assuming that your service is “all about patterns?” So, if anything is detected that looks odd, then your system will flag-up a potential issue?
12:00 Have you seen an increase in fraud as a result of the COVID-19 pandemic?
12:45 Can your solution also detect SIM-swapping and other concepts like “Account Takeovers” or “New (Fake) Account Creations”?
16:05 Is there a platform that you find more challenging to work with, between Android or iOS? With Android, there are emulators that can spoof your GP coordinates. Your challenge must be constantly a “cat and mouse game” and you must be able to understand what the Black Hat world is up to with their nefarious software. So! In summary, my question is, “Do you find it more of a challenge to work with Android or with Apple?”
19:04 What is the future of Paygilant?