Callsign (company)

Callsign is a UK company founded in 2012.[1] It provides identity fraud, authorization and authentication products and services to banks and other public and private sector organizations.

This article is about the technology company. For the R/T term, see Call sign.

Callsign has contributed to the Singapore Model AI Framework which was released at Davos in 2020[2] and is a regular contributor to discussions in the media on ethical AI.[3]

The company is a partner of the London Metropolitan University’s Cyber Security Research Centre.[4]

History

Callsign was founded in 2012 by Dr Zia Hayat and Ian Welch.[5] By 2016, it had sold its product to several large companies.[6] In 2017 it secured a $35 million Series A funding round, led by Accel, a US private equity firm.[7] This funding round valued Callsign at more than $100m.[8] In 2019, the company announced a partnership with Lloyds Banking Group to roll out its IDA platform across the bank's core brands.[9]

Callsign also became a World Economic Forum Technology Pioneer and has since contributed to a paper released at Davos in 2020 titled ‘Reimagining Digital Identity: A Strategic Imperative’.[10]

Products

Callsign offers several proprietary capabilities.

Behavioural Swipe Authentication

Behavioural Swipe Authentication is Callsign’s own authentication solution.[11] It uses intelligence gathered from a user’s phone as they swipe their screen to verify the user's identity.

Callsign Telecoms Intelligence

During an interaction or transaction, Callsign can cross-reference information provided by the user with live telecoms data.[12] It uses this information to flag potentially fraudulent activity and prevent fraudsters from committing fraud such as account takeover.[13] Data captured includes sim-swap, call divert, SS7 attacks and techniques to identify whether the phone has been stolen or cloned.

Awards

Callsign has received the following awards and accolades:

  • World Economic Forum Technology Pioneer[14]
  • Sunday Times Fast Track 100 – Ones to Watch[15]
  • AI Breakthrough Awards - Best Use of AI for Authentication[16]
  • Sunday Times Best Places for Business – One’s to Watch in the City[17]
  • Cybersecurity Ventures - Hot 150 Cybersecurity Companies To Watch In 2020[18]

References
  1. Lomas (27 July 2017). "Callsign pulls in $35M Series A for its adaptive authentication platform". TechCrunch. Retrieved 26 February 2020.
  2. "List of organizations featured in the Model Framework" (PDF). Infocomm Media Development Authority. 22 January 2020. Retrieved 26 February 2020.
  3. Tom Taulli. "AI & Data: Avoiding The Gotchas". Forbes. Retrieved 2020-02-26.
  4. "London Met to open cyber security centre of excellence - London Metropolitan University". www.londonmet.ac.uk. Retrieved 2020-02-26.
  5. "The story so far... | Our History | Callsign". callsign.com. Retrieved 2020-02-26.
  6. "London cyber security startup Callsign, used by Lloyds and Deutsche Bank, has raised a huge $35m series A led by Accel and PTB Ventures". CityAM. 2017-07-27. Retrieved 2020-02-26.
  7. "Cyber security startup Callsign raises $35 million". Reuters. 2017-07-27. Retrieved 2020-02-26.
  8. "Subscribe to read | Financial Times". www.ft.com. Retrieved 2020-02-26.
  9. "Subscribe to read | Financial Times". www.ft.com. Retrieved 2020-02-26.
  10. "Reimagining Digital Identity: A Strategic Imperative". World Economic Forum. Retrieved 2020-02-26.
  11. Wall, Matthew (2017-05-12). "'You can tell by the way I use my walk...'". BBC News. Retrieved 2020-02-26.
  12. "StackPath". www.choose.co.uk. Retrieved 2020-02-26.
  13. "We are all exposed to SIM-swap fraud - Is collaboration the only solution?". www.scmagazineuk.com. Retrieved 2020-02-26.
  14. "Callsign". Technology Pioneers 2019. Retrieved 2020-02-26.
  15. TWK. "Fast Track". Fast Track. Retrieved 2020-02-26.
  16. "2019 AI Breakthrough Awards Recognize "Breakthrough" Artificial Intelligence Technology Products and Companies". PRWeb. Retrieved 2020-02-26.
  17. Times, The Sunday. "Best places for business: London". ISSN 0140-0460. Retrieved 2020-02-26.
  18. "The Hot 150 Cybersecurity Companies To Watch In 2020". Cybercrime Magazine. 2019-10-05. Retrieved 2020-02-26.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.