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Entersekt recognized as Leading Vendor for Account Takeover Prevention in Banking by Liminal

Banking Security Payments
I’m extremely excited and proud to share that last week, Entersekt was recognized as a Leading Vendor, and highest rated Authentication-Focused Vendor, in the July 2024 Liminal Link Index for Account Takeover (ATO) Prevention in Banking report. The analysis of 56 companies in total, highlights 24 leading companies selected based on an evaluation of their product offerings, strategies, and market presence. Leading Vendors are categorized as 'Strong overall solutions that possess the must-have product and strategic capabilities for this use case'.

In the report, Entersekt is the highest rated authentication-focused vendor for both Strategy and Product Execution. According to the report, "These solutions use comprehensive authentication capabilities to prevent unauthorized access to accounts during login."
Here are some highlights:

  • Entersekt’s Strategy was rated Exceptional: "Entersekt is primarily an authentication player through a robust platform solution – their solution can be leveraged by financial services to leverage risk-based authentication for ATO prevention."
  • Entersekt’s Market Presence was rated Excellent: "Entersekt demonstrates a strong vertical focus in financial services with its authentication and payment security capabilities. They are well positioned to secure additional customers."
  • Entersekt’s Banking Authentication was rated Exceptional: "Entersekt offers a complete set of tools for ATO prevention, featuring customizable options for both fraud detection and authentication."

An excerpt from the report states, "Entersekt’s market presence extends across the United States, Europe, and Africa, where it has established a strong track record of working with leading financial services institutions over the past decade. The company’s patented security innovations, including its Context-Aware Authentication technology, have positioned Entersekt as a global industry leader in authentication."

Entersekt protects digital banking customers across mobile and online banking channels with our proprietary Context Aware™ Authentication. Our solution uses risk-based authentication data, a customer’s cross-channel interactions, and personalized authentication preferences, ensuring the appropriate authentication method for each login or transaction, and creates trusted devices, enabling passwordless, multi-factor authentication (MFA) with biometrics to effectively reduce account takeover fraud.

The July 2024 Liminal “Link Index™ for Account Takeover (ATO) Prevention in Banking” report can be accessed here.

Disclaimer
Liminal Strategy, Inc copyrights the Market and Buyer’s Guide and Link™ Index Report. It graphically represents Liminal’s call on the market use case. Information is based on the best available resources, and opinions are subject to change. Liminal does not endorse any depicted company, product, or service.