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October 21-24 / 2018 / Las Vegas The Venetian / The Palazzo & Sands Expo / No.1643 Fintech - Empowering Innovation Israel

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Page 1: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

October 21-24 / 2018 / Las VegasThe Venetian / The Palazzo & Sands Expo / No.1643

Fintech - Empowering InnovationIsrael

Page 2: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

2Index by CompanyIndex by Category

The Israel Export & International Cooperation InstituteThe Israel Export & International Cooperation Institute, a non-profit organization supported by the government of Israel and the private sector, facilitates business ties, joint ventures and strategic alliances between overseas and Israeli companies. Charged with promoting Israel’s business community in foreign markets it provides comprehensive, professional trade information, advice, contacts and promotional activities to Israeli companies. Furthermore, the IEICI provides complementary services to business people, commercial groups, and business delegations from across the globe. IEICI uses its unique and one of a kind network with the prosperous startup ecosystem in Israel, and connects the foreign players, according to their field of interest.

The Fintech SectorThe Fintech sector in Israel has been blooming for several years. What started out with just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields (cybersecurity, software, mobile and more). A willingness of large financial institutions to let Fintech start-ups beta-testing their products, support from dedicated accelerators and hubs, and a strong & vibrant community make Israel in general and Tel-Aviv in specific, one of the leading, most innovative Fintech hubs in the world.The Israel Export Institute’s Fintech division operates at the very heart of the Israeli Fintech community – forming relationships, assembling and leading national pavilions at important international exhibitions, hosting professional delegations, organizing Fintech conferences and developing dedicated technology events in cooperation with financial institutions around the world, all of which with one goal in mind – to create business opportunities for the mutual benefit of the Israeli Fintech companies and financial institutions anywhere in the world.

Mr. Otni OronManagerFintech SectorM +972 54 815 [email protected]

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Page 3: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

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The Foreign Trade AdministrationThe Foreign Trade Administration (FTA) at the Israeli Ministry of Economy and Industry is responsible for managing and directing the international trade policy of the State of Israel. The main fields of activity include activities for the promotion of trade and export, initiating and maintaining trade agreements for the improvement of Israel’s trade conditions, attracting and encouraging foreign investments and creating strategic cooperations with foreign companies.

The Administration operates a network of 45 economic and trade missions who constitute the operational arm of the Ministry in key financial centers throughout the world Israel’s economic and trade missions are at the forefront of the Israeli government’s efforts to boost our industries in foreign markets.

Our team of highly experienced economic representatives and business consultants provide a wide range of services to Israeli companies and to the international business community. The FTA is divided into three main divisions, each promoting the Israeli economy in distinct and significant ways:

1. The Trade Promotion Division - works to ensure the continued development of Israel’s exports

2. The Trade Policy and International Agreements Division - responsible for Israel’s free trade agreements, maintaining and developing intergovernmental relations and addressing regulatory barriers that affect Israeli industry

3. The International Projects and Financing Division - offers different programs that financially support Israeli companies in their business operations abroad

Ms. Dikla Gershoni Foreign Trade AdministrationMinistry of Economy and IndustryT +972 2 666 2845M +972 52 840 [email protected]

Page 4: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

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List of Trade Officers

Economic Office Trade Officer Email Phone

San Francisco, USA Ms. Yael Meoded [email protected] > +1 415 299 9691

New-York, USA Ms. Tamar Shlimak [email protected] > +1 646 779 6860

London, UK Ms. Susi Reitan [email protected] > +44 207 9579 525

Sau Paulo, Brazil Ms. Ilana Kohl [email protected] > +55 11 3032 3511

Bogotá, Colombia Mr. Gustavo Torres [email protected] > +57 1 338 4587

Mexico City, Mexico Ms. Aime Cervantes [email protected] > +52 55 5201 1510

Beijing, China Ms. Xu Shan [email protected] > +86 10 8532 0664

Shanghai, China Ms. Charlotte yu [email protected] > +86 13 7610 01418

New Delhi, India Mr. Vinod Mehta [email protected] > +91 11 3041 4518

Page 5: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

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Index by Company

Index by CompanyIndex by Category

Company Category Page

• Payments• Lending & financing• Virtual Currencies• Insurtech• Regtech• Authentication / Anti-Fraud (KYC / AML)• Client Engagement• AI & Big Data

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• WealthTech / Capital Markets8

• Client Engagement 9

• Lending & financing• Insurtech• Regtech• AI & Big Data

10

• Insurtech• AI & Big Data

11

• Insurtech• Client Engagement

12

• WealthTech / Capital Markets• Insurtech• Regtech• Client Engagement• Data & Infrastructure• AI & Big Data • Session Replay

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Index by Company

Company Category Page

• Payments• Insurtech• Regtech• Data & Infrastructure

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• Payments• Virtual Currencies• Blockchain

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• Data & Infrastructure• Blockchain• Zero Knowledge Proof

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• Client Engagement• AI & Big Data

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• Regtech• Authentication / Anti-Fraud (KYC / AML)

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• Regtech• Authentication / Anti-Fraud (KYC / AML)

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• Payments• Authentication / Anti-Fraud (KYC / AML)

Blockchain

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• Regtech• AI & Big Data• AML• Fraud & ATM Security

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• Blockchain• Money Transfer

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Page 6: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by Category

6Index by CompanyIndex by Category

Category Company

Payments

• AU10TIX• OpenLegacy• PayKey• Simplex

Lending & Financing• AU10TIX• CRiskCo

Virtual Currencies• AU10TIX• PayKey

Wealth Tech / Capital Markets• BondIT Ltd• Glassbox

Insurtech

• AU10TIX• CRiskCo• Cyberwrite• EasySend• Glassbox• OpenLegacy

Regtech

• AU10TIX• CRiskCo• Glassbox• OpenLegacy• Scanovate• SecuredTouch• ThetaRay

Index by Category

Category Company

Authentication / Anti-Fraud (KYC / AML)

• AU10TIX• Scanovate• SecuredTouch• Simplex

Client Engagement

• AU10TIX• CallVU

• EasySend• Glassbox• Roojoom

Data & Infrastructure• Glassbox• OpenLegacy• QED-it

Blockchain

• PayKey• QED-it• Simplex• VALA

AI & Big Data

• AU10TIX• CRiskCo• Cyberwrite• Glassbox• Roojoom

• ThetaRay

Page 7: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 7

www.au10tix.com

Forerunners of 2nd generation ID authentication and KYC automation

Company at a Glance AU10TIX is the forerunner of 2nd generation ID authentication and onboarding automation. AU10TIX technology powers global majors such as Paypal, Goolge, Visa, BBVA bank, Payoneer, eToro, Coinbase and others. AU10TIX 2nd generation technology enables 100% automated forensic-level ID authentication, multi-modal biometric face-matching, POA/POR processing and data verification and KYC screening. Unlike 1st generation solutions, AU10TIX 2nd generation technology features forensic-level forgery, counterfeiting and collateral risk detection; up to +300% better conversion rates of borderline quality images; multi-lingual document support, and rapid-response actionable exception reporting - all at average processing speed of 8 seconds or less. AU10TIX automation has demonstrated ability to improve customer conversion success rates, increase effective traffic handling capacity, reduce operating costs and boost operating efficiency – all while enhancing fraud prevention and improving robustness of regulatory KYC compliance. AU10TIX is a subsidiary of ICTS International N.V, one of the world's leading airport security companies for almost 30 years.

Solution at a GlanceAU10TIX BOS enables 100% automated customer onboarding initiation in KYC-regulated markets. AU10TIX AI-enhanced technology automates the handling of ID documents, face matching, Proof-Of-Address documentation and identity verification and AML screening. AU10TIX BOS is the first operational platform to enable forensic-level forgery and counterfeiting detection, up to +300% higher conversion rates of borderline quality images and rapid-response actionable exception reporting.

Technologies & Productions AU10TIX is at the forefront of Machine-Learning and Deep Learning technology. AU10TIX platform enables all-channel, 100% automation of all critical components of customer onboarding in KYC-regulated markets. This technology enables superior fraud prevention and KYC-compliance while increasing conversion rates, saving operating costs and improving operating efficiency.

• Payments

• Lending & financing

• Virtual Currencies

• Insurtech

• Regtech

• Authentication / Anti-Fraud (KYC / AML)

• Client Engagement

• AI & Big Data

AU10TIX

Page 8: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 8

www.bonditglobal.com

Idea generation for fixed income

Company at a Glance Our team expertise spans across fixed income, data science, and machine learning. The team combines market experience from fixed income experts with technical know-how from researchers and developers who have come together to find solutions for the bond market. Now, using BondIT's sanitised data, powerful machine-learning algorithms and a super intuitive user interface, we deliver the world of fixed income on a silver platter to you, all in a matter of seconds.

Solution at a GlanceBuilding fixed income portfolios is a painful process for all involved as fragmented data makes it difficult for portfolio managers and advisors to compile meaningful advice for each and every client. Even the best attempts at creating individualised portfolios for clients are often stumped by the limited tools available and yield sub-optimal results.

Technologies & Productions Investment processes in fixed income are complex and inefficient. Advisors are often faced with missed trade opportunities. It is additionally difficult to ensure compliance with clients’ shifting goals and constraints. Against such complexity, the opportunity to provide superior service and a great customer experience is often lost. Powered by machine learning, BondIT helps fixed income advisors make smarter recommendations, enhance Client Engagement, and accelerate trade flows. With BondIT, missed opportunities and sub-optimal, inconsistent recommendations become a thing of the past.

• WealthTech / Capital Markets

BondIT Ltd

Page 9: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 9

CallVU turns every customer interaction into a visual, digital engagement

Company at a Glance CallVU helps global financial organizations to maximize the value of their digital assets while improving operational efficiency. Named “Cool Vendor in CRM and Customer Support, 2016” by Gartner and one of the “20 Most Promising Digital-Experience Solutions, 2017” by CIO Magazine, CallVU maintains operations in the United-States, UK and Israel.

Solution at a GlanceCallVU addresses the business need for increasing digital self-service within financial organizations. Our platform turns every customer interaction, over any communication channel, into a digital engagement, ensuring higher usage of digital assets, lower contact center call volumes and unmatched customer experiences. Widely deployed, CallVU serves leading organizations worldwide.

Technologies & Productions CallVU’s Digital Engagement Platform provides omni-channel experiences, bringing customers into the digital fold and keeping them engaged as they seamlessly move from one device to the next throughout their journey. The visual interface optimizes customer interactions, enabling companies to increase digital usage, improve operations and drive more sales via digital. CallVU’s platform comprises Visual-IVR, Conversational-IVR, Agent-Caller Collaboration, Service BOT, and Smart Digital Forms.

• Client Engagement

CallVU www.callvu.com

Page 10: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 10

www.criskco.com

CRiskCo provides a cloud-based solution to online business loans and credit applications

Company at a Glance CRiskCo provides risk as a service. We streamline grants, insurance, and business loans applications by providing a fully automated cloud-based solution using AI and automated underwriting. CRiskCo has offices in Tel Aviv, Palo Alto, and Brisbane, with leading customers as Queensland State Government, Euler Hermes and international lenders.

Solution at a GlanceCRiskCo streamlines the entire credit approval and monitoring process for SME's and vendors. We offer financial institutions and B2B vendors the following features:• Fully automated on boarding process for online landing.• Real-time, ongoing, credit insights and fraud alerts.• AI based behavior analyses used to predict customer risk.• Meeting the regulatory requirements of vendor risk management.

Technologies & Productions CRiskCo revolutionizes the extraction of data and uses AI tools to extract insights and predictions based on the data collected. CRiskCo’s infrastructure connects to loan requesters’ accounting systems in a one-click process, collects the relevant data, standardizes it and sends a uniform report to the credit provider in a matter of minutes. Also, CRiskCo applies its machine learning algorithm to assess the risks associated with a loan, utilizing data related to both the loan requester and their business customers. We provide a solution to Lenders, Banks, Governments and insurance companies.

• Lending & financing

• Insurtech

• Regtech

• AI & Big Data

CRiskCo

Page 11: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 11

www.cyberwrite.com

Cyber Insurance Technologies

Company at a Glance Gartner cool vendor for 2018, Cyberwrite was founded by an elite team of cyber risk experts and data scientists from leading global firms. The company is backed by investors from the US and Europe and is delivering solutions which are used by insurance companies and financial institutions globally. Cyberwrite recently launched its aggregated risk analysis solution for banking - a solution that helps banks to manage their accumulated cyber risk exposure for credit lines.

Solution at a GlanceCyberwrite delivers an on-demand, ML infused cyberprofiling technology thatenables insurance and credit underwriters to make evidence-based decisions about the types of cyber coverage and size of credit they should be offering to specific businesses. The company's focuses on cyberinsurance for small and midsize businesses (SMBs) that don't have the resources to pay for an on-site cyberthreat analysis or for which a complete on-site assessment is not cost-effective. Cyberwrite delivers a cyber aggregation risk model which is used by financial services worldwide for financial impact analysis of possible cyber catastrophe.

Technologies & Productions The company has built a state of the art cyber profiling technology which is based on proprietary machine learning algorithms. Using bigdata tools and advanced statitical analysis Cyberwrite enable both insurers and banks to manage different cyber risks in form of accumulation and catastrophe modeling as well as underwriting .

• Insurtech

• AI & Big Data

Cyberwrite

Page 12: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 12

www.easysend.io

Transforming manual communication channels into digital processes in the click of a button

Company at a Glance EasySend is a DTM (Digital Transaction Management) Israeli startup, that was founded at 2016. With over 25 enterprise customers, most of them from the financial sector,and technology and strategic partners like Oracle, Microsoft, Amdocs, and Sapiens, we manage over 10 millones transactions for over 1,000 digital processes.

These digital processes allow for smooth interactions on both the customer and the end-user side.

Solution at a GlanceEasySend enables enterprise companies to bridge the gap into the digital communications era. Within a heartbeat, it transforms all existing manual processes, to paper free, UX empowered, automated processes. These digital

customer journeys are accessible from any device in any medium.

Technologies & Productions Scanner Algorithm - Scan any paper Based form and transform it into a creative business process & business logic. Uses deep learning to: scan, detect fields, analyze dependencies. Digital Process Builder - Drag & Drop platform to define any digital process in a matter of hours. No programing knowledge is required. Multiple engines are supported: WebFlows, simple forms, chat-bot (Alpha), automated Conversation (Future). The generated processes are UX empowered, multilingual and include complex business logic.

• Insurtech

• Client Engagement

EasySend

Page 13: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 13

Glassbox

• WealthTech / Capital Markets

• Insurtech

• Regtech

• Client Engagement

• Data & Infrastructure

• AI & Big Data

• Session Replay

Give your website and mobile apps a brain

Company at a Glance Imagine your website/mobile app had a brain… What would it tell you? Not just that there’s an issue with online account opening, but why there’s an issue. Not just about what customers are doing, but about every single click, swipe and mouse movement. This is Glassbox, the website analytics platform designed specifically for enterprise, that brings insight and intelligence to your digital operations. With Glassbox at your side, Chief Data Officers, Customer Experience, Customer Service, IT and Compliance have what they need to optimize, future-proof and protect your business. And that means your business is truly prepared for whatever life throws at it. It’s time to give your website/mobile app a voice.

Solution at a GlanceOur solutions are shaping, creating and leading the Digital Customer Management Category by using customer insight to help optimize and protect web/mobile app experiences, with the first enterprise analytics platform that automatically records, indexes and analyses 100% of customer digital interactions.

Technologies & Productions Glassbox provides leading global financial institutions a unique combination of session replay, automatic insights and digital compliance across web and mobile.

www.glassboxdigital.com

Page 14: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 14

www.openlegacy.com

Quickly leverage back-end systems for innovative digital web, mobile or cloud services

Company at a Glance OpenLegacy accelerates delivery of innovative digital services from legacy systems in days or weeks versus months. Our microservices-based API integration and management software reduces manual effort by automating API creation, simplifies the process by avoiding layers of complexity, and improves staff efficiency and API performance. Organizations can quickly, easily and securely meet consumer, partner or employee demands for digital services without modernizing or replacing core systems.

Solution at a GlanceOpenLegacy API software provides a reliable way to connect your core backend systems with mobile, cloud, and web solutions 10X faster. Our patented software automates API creation, testing, deployment, and management bypassing layers of complexity, directly accessing and extending backend systems as microservices and APIs for new innovations.

Technologies & Productions OpenLegacy API Software for API Integration & Management is a patented, yet open standards technology that supports the entire API lifecycle including: Backend system connectors, API Automation, API Design, API Security and Performance Optimization, API Testing, and API Management.

• Payments

• Insurtech

• Regtech

• Data & Infrastructure

OpenLegacy

Page 15: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 15

www.paykey.com

PayKey is a fully customized white label Social Banking Solution

Company at a Glance PayKey provides a Social Banking Solution that transforms the mobile keyboard into a new channel for financial services, information, and communication. Customers include ING Bank, Mastercard, Standard Chartered, Westpac, UOB, BBVA, Santander, Garanti, Bank Leumi, Shinhan Bank, Banco Davivienda, among others. PayKey was established in Tel Aviv, Israel, in 2014.

Solution at a GlancePayKey enables banks to offer their customers the ability to initiate and complete a range of financial services, including P2P payments, balance check, transfers, and more, from within any social or messaging application. PayKey offers a fully customizable white label solution that easily integrates at the API level.

Technologies & Productions At the core of PayKey’s Social Banking solution is the patent pending Mobile Payment KeyboardTM. This unique keyboard seamlessly integrates with the bank’s mobile application, enabling users to initiate and complete a range of services from within any mobile application, without having to open a dedicated app. PayKey’s white label solution easily integrates at the API level and retains the bank/telco’s authentication method without compromising the security level.

• Payments

• Virtual Currencies

• Blockchain

PayKey

Page 16: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 16

www.qed-it.com

Introducing Zero-Knowledge Blockchain

Company at a Glance Qed-it is an Israeli Startup, introducing Zero Knowledge Blockchain to solve the tension between the need for collaboration and data confidentiality. Led by a world class team of experts and a pool of international advisors and investors, QED-it is also leading the effort to standardize Zero Knowledge Proof technology with its close cooperation with the ZKProof workshop.

Solution at a GlanceMany industries struggle between the need for collaboration and the confidentiality of their data. On the one hand companies need to enhance their collaboration to have better process and result and on the other hand, they need to protect their data for confidentiality or competitivity. Zero Knowledge Blockchain solves that tension by allowing the distribution of a Proof of a certain information, even a complex business logic, without revealing the underlying data that was used to create the Proof. For the first time, entreprises can fully benefit from Blockchain technology.

Technologies & Productions Use our SDK to solve data privacy issues on Blockchain using Zero Knowledge Proofs. Create trusted ecosystems and exchange proofs based on confidential data, without exposing it. Our SDK includes ready-made, scalable and modular schemes for a variety of use cases: Asset Transfer Supply chain Regulatory Compliance Taxation / Scoring & Reputation Credit Score Insurance & Healthcare Predictive Maintenance. ntegrate easily to existing systems. Adaptable to every blockchain stack Our support team will help you navigate the process from start to finish.

• Data & Infrastructure

• Blockchain

• Zero Knowledge Proof

QED-it

Page 17: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 17

www.roojoom.com

The autonomous driver for your customer journeys

Company at a Glance Roojoom developed a Personal Customer Journey platform that enables brands to gain control over each customer’s personal journey, guiding customers to specific destinations for meeting defined business objectives such as service utilization, customer loyalty, upselling and self-service.

Solution at a GlanceRoojoom platform enables modeling the customer journey by designating the journey objectives and destinations. Roojoom’s algorithms create a Personal Journey Hub™, which functions like a customized “mini-site” for every customer based on who they are and where they are in their journey – given their personal journey data.

Technologies & Productions Advanced machine-learning and user-experience technology are used for reaching out to customers over time and guiding each customer to specific touchpoints, significantly increasing KPIs and customer value.

• Client Engagement

• AI & Big Data

Roojoom

Page 18: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 18

www.scanovate.com

• Regtech

• Authentication / Anti-Fraud (KYC / AML)

Scanovate

Scanovate provides a comprehensive digital identity management platform for financial institutions

Company at a Glance In 2010, CTO, Irad Gilboa joined forces with Amir Fishman of Fishman holdings and developed the technology until 2014. In 2014, Izhar Arieli joined the team and shortly became the CEO. They started selling and were bootstrapped and profitable, becoming a market leader in Israel. Mid-2016, the team expanded to the International market.

Solution at a GlanceScanovate's proprietary OCR and Biometric Facial Recognition engines enable the extraction of information from printed documents and transfers it to a fully digital format while validating customer authentication and a live session presence. The KYC 360 open platform compiles and normalizes the information from multiple data providers, providing a robust end-to-end solution.

Technologies & Productions • Facial biometric engine- establish the correlation between facial images with the highest assurance

• Liveness- prevent attacks on the facial biometric component by detecting screens, photographs, and masks that can be used to impersonate an individual

• OCR- fast and accurate extraction of data from structured identification documents in real time via an SDK or a webservice

· KYC 360- management of identity transactions conducted on the platform for audit and control purposes

Page 19: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 19

www.securedtouch.com

Continuous authentication and fraud detection based on behavioral biometrics

Company at a Glance SecuredTouch is the leader in behavioral biometrics for mobile transactions, delivering continuous authentication technologies to strengthen security and reduce fraud while improving customers digital experience.

Our mobile-optimized solutions require no enrollment, they are easy to implement, and provide real time alerts when suspicious activity is detected from login to logout.

Solution at a GlanceSecuredTouch’s advanced technology eliminates the trade-off between security and a smooth user experience.

Unlike conventional authentication methods which add friction like passwords and tokens, SecuredTouch solution is completely transparent to the end user; continuously verifying the legitimate user during every interaction and detecting fraud even when advanced fraud tools are used such as emulators, bots and RATs.

Technologies & Productions Behavioral Biometrics represent the uniquely identifying and measurable patterns in human interaction with a device. Behavioral biometrics is an additional layer of security that provides continuous user authentication virtually impossible to imitate due to the innate nature of these characteristics. The platform consists of 2 modules: U-manobot - Using behavioral biometrics to differentiate human vs bot, and mobile device vs. emulator U-nique - Using behavioral biometrics to seamlessly and continuously authenticate users.

• Regtech

• Authentication / Anti-Fraud (KYC / AML)

SecuredTouch

Page 20: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 20

www.Simplex.com

Defeating Fraud, Enabling Payments

Company at a Glance Simplex is an EU licensed financial institution, providing an online fraud-free payment processing solution. Simplex enables merchants to accept worldwide credit card payments, with zero exposure to chargeback risk. Simplex is a market leader in the crypto industry, having partnered with major exchanges and wallets in the market.

Solution at a GlanceSimplex combines payment processing with state-of-the-art fraud prevention technology. Simplex allows merchants to introduce credit card purchasing to mainstream users, with zero exposure to fraud chargeback risk. This all-in-one solution brings in new business, while also increasing conversion by reducing the percentage of false declined transactions. The company also operates a secure escrow service for large fiat-to-crypto transactions.

Technologies & Productions Simplex’s AI technology analyzes every transaction using proprietary, fully automated, machine-learning algorithms that eliminate fraud while increasing conversion. By combining advanced payment processing with state-of-the-art fraud prevention technology, Simplex allows crypto merchants to introduce credit card purchasing to mainstream users worldwide. In addition to enhancing business growth, this combined solution significantly decreases the percentage of false declined transactions, which ultimately leads to an increase in conversions and complete peace of mind.

• Payments

• Authentication / Anti-Fraud (KYC / AML)Blockchain

Simplex

Page 21: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 21

www.thetaray.com

ThetaRay Uncovering the Unknown

Company at a Glance TheraRay helps financial institutions, cyber security divisions and critical infrastructure businesses make giant strides in managing risk and generating new growth. With ThetaRay’s solution, organizations become as resilient as these times require: safeguarding assets, recovering from setbacks and capturing future growth amid continuous change.

Solution at a Glance With ThetaRay, clients obtain measurable value in days and achieve full deployment in a matter of weeks. From that point on, ThetaRay’s system runs automatically, without intervention from client personnel and with the continuous support of an adaptable platform.

Technologies & Productions Developed by two of the world’s preeminent mathematicians, ThetaRay brings a transformational approach to big data analytics, isolating problems buried beneath big data and pinpointing opportunities concealed within traditional systems. Drawing inspiration from the manner in which complex systems operate in nature, ThetaRay’s patented algorithms grow more intelligent over time, yielding objective results in seconds. Revolutionary in its approach, ThetaRay lets math discover meaning in the data without making any pre-assumptions. Its rule-free approach pinpoints items that matter now and in the future, mapping them in context, time and location.

ThetaRay

• Regtech

• AI & Big Data

• AML

• Fraud & ATM Security

Page 22: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

Index by CompanyIndex by Category 22

www.valapay.com

Operating System for Money Transfer Businesses

Company at a Glance With 20+ years of experience in top tier finance and payment companies like PayPal, Western Union, Barclays, and Ernst & Young, our team brings unmatched knowledge and expertise in the money transfer field.

We’ve created the perfect product to ensure our clients get the cutting edge of remittance technologies.

Solution at a GlanceOur solution allow you to manage all money transfer activities

with our fully customized software. It also allows money transfer businesses to send money using our block-chain based network and save on transfer costs.

Technologies & Productions ValaPay - Comprehensive operating system for money transfer activity. A cloud based SaaS and mobile app are offered as part of the solution package.

• Blockchain

• Money Transfer

VALA

Page 23: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields
Page 24: Israel - Export · just a handful of start-ups have grown to more than 500 companies utilizing cutting edge technologies, unique business models and deep knowhow in peripheral fields

This publication is for informational purposes only. While every effort has been made to ensure that the presented information is correct, The Israel Export & International Cooperation Institute assumes no responsibility for damages, financial or otherwise, caused by the information herein.

© JULY 2018 The Israel Export & International Cooperation InstituteProduction: IEICI Media and Communication Division | Design: Ayala Eylath

www.export.gov.il

FintechEmpowering Innovation