Published by Gbaf News
Posted on May 4, 2018
4 min readLast updated: January 21, 2026
Hamburg-based fraud prevention expert recognized for its leading AI-based anti-fraud software
RISK IDENT, a leading provider of fraud prevention software, has been named Best Financial Transaction Security Company at the FinTech Breakthrough Awards 2018, which attracted 3,000+ nominations from across the globe this year.
The FinTech Breakthrough Awards recognize the top companies and products in the financial services and technology industry today. Previous winners in the awards include Square, Xero and Quicken Loans.
“One of the most exciting developments within the FinTech industry is with the development and integration of artificial intelligence-based technology for a myriad of applications,” said James Johnson, Managing Director, FinTech Breakthrough. “RISK IDENT is delivering a compelling AI-based solution in areas such as fraud prevention and financial transaction security and we are pleased to recognize them in their significant achievements and FinTech industry contributions. Congratulations to the entire RISK IDENT team on their 2018 FinTech Breakthrough Award.”
The judges recognized RISK IDENT for its result-driven anti-fraud solutions for large companies within e-commerce, telecommunication and financial services. The company, which opened a US office last year, has successfully grown its global reach with a team of data scientists and engineers as its backbone.
Roberto Valerio, CEO of RISK IDENT, said, “We are privileged to be recognized by the FinTech Breakthrough Awards alongside the likes of Western Union, PayPal and Experian. Our machine learning and artificial intelligence capabilities protect some of the world’s largest companies, and their customers, from the rising threat of fraud.
“By minimizing the gray area between an accept and a decline, we enable businesses to make smarter decisions and address rampant threats such as payment fraud, account takeovers and identity theft. As fraudsters continue to evolve their tactics online, we will continue to help these major businesses stay one step ahead.”
Founded in Germany, which has long had a strict data privacy culture, RISK IDENT focuses on transactional risk management while safely and securely handling data.
In 2017, the company secured more than €40 billion in transaction volume and also opened its US headquarters at Cambridge Innovation Center (CIC) in Boston.
Hamburg-based fraud prevention expert recognized for its leading AI-based anti-fraud software
RISK IDENT, a leading provider of fraud prevention software, has been named Best Financial Transaction Security Company at the FinTech Breakthrough Awards 2018, which attracted 3,000+ nominations from across the globe this year.
The FinTech Breakthrough Awards recognize the top companies and products in the financial services and technology industry today. Previous winners in the awards include Square, Xero and Quicken Loans.
“One of the most exciting developments within the FinTech industry is with the development and integration of artificial intelligence-based technology for a myriad of applications,” said James Johnson, Managing Director, FinTech Breakthrough. “RISK IDENT is delivering a compelling AI-based solution in areas such as fraud prevention and financial transaction security and we are pleased to recognize them in their significant achievements and FinTech industry contributions. Congratulations to the entire RISK IDENT team on their 2018 FinTech Breakthrough Award.”
The judges recognized RISK IDENT for its result-driven anti-fraud solutions for large companies within e-commerce, telecommunication and financial services. The company, which opened a US office last year, has successfully grown its global reach with a team of data scientists and engineers as its backbone.
Roberto Valerio, CEO of RISK IDENT, said, “We are privileged to be recognized by the FinTech Breakthrough Awards alongside the likes of Western Union, PayPal and Experian. Our machine learning and artificial intelligence capabilities protect some of the world’s largest companies, and their customers, from the rising threat of fraud.
“By minimizing the gray area between an accept and a decline, we enable businesses to make smarter decisions and address rampant threats such as payment fraud, account takeovers and identity theft. As fraudsters continue to evolve their tactics online, we will continue to help these major businesses stay one step ahead.”
Founded in Germany, which has long had a strict data privacy culture, RISK IDENT focuses on transactional risk management while safely and securely handling data.
In 2017, the company secured more than €40 billion in transaction volume and also opened its US headquarters at Cambridge Innovation Center (CIC) in Boston.
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