NEWS

24th May 2017

Uniken's CEO, BImal Gandhi, speaks at the Cyber Investing Summit.

 The conference was held on May 23rd at the New York Stock Exchange.  The event focused on investing in the cyber security industry, which is predicted to exceed $1 trillion in cumulative spending on products and services over the next five years (according to Cybersecurity Ventures’s quarterly Cybersecurity Market Report).

Bimal presented Uniken’s REL-ID omi-channel solution to an audience of leading cyber professionals, technology analysts, venture capitalists, fund managers, investment advisors, government experts, and more.

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19th May 2017

By Penny Crosman

Published May 18 2017, 3:19pm EDT

Wells Fargo is putting more focus and effort into its partnerships with tech companies — from giants like Apple, Samsung and PayPal to the smallest startups.  

 

In so doing, the $2 trillion-asset bank is adapting to a truth more banks are acknowledging: that customers are no longer coming directly to their branches, apps, websites or call centers.

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18th May 2017

Mark Calvey, Senior Reporter, San Francisco Business Times
May 17, 2017
A shakeout already could be underway in the burgeoning fintech sector, forcing some to close their doors while others look for partners, said Steve Ellis, head of Wells Fargo’s innovation group.
“We’re seeing some people without strong sales going away and other people partnering more,” Ellis told the San Francisco Business Times in discussing fintech industry conditions as part of an interview on new entrepreneurs joining the Wells Fargo Startup Accelerator program.

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18th May 2017

Uniken has been selected to participate in the Wells Fargo Startup Accelerator. Over the next six months, the US bank’s programme will collaborate with Uniken on its REL-ID security platform aimed at consumer mobile applications deployed in strongly regulated environments.

“We are excited to have been selected for the programme by the Wells Fargo Startup Accelerator, and for their time and financial investment in Uniken,” says Bimal Gandhi, CEO at Uniken. 

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17th May 2017

CHATHAM, NJ, May 17, 2017 – Uniken announced today that it has been selected to participate in the Wells Fargo Startup Accelerator program. The Startup Accelerator program has a strong reputation for identifying and bringing to market innovative technologies that help shape the future of financial services and the customer experience. During the next six-months, the Wells Fargo Startup Accelerator will collaborate with Uniken on its REL-ID security platform aimed at consumer mobile applications deployed in strongly regulated environments.

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8th May 2017

Uniken's CTO, Nishant Kaushik makes One World Identity's top 100 Identity Leaders.  

Per OWI, 2016 was a year of innovation and explosive growth in the identity industry. Over the course of a 15-day open nomination period, we received over 1,000 nominations for 355 individuals. After compiling all of the nominations, the top 100 were selected based on the following selection standards:

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4th May 2017

When you think of customer identity and access management (CIAM), what do you think of? One of the first things I think of is a network. That's because I believe security teams need to map out all the different ways in which your customer interacts with you, and how they end up authenticating themselves in each of those flows. Think of them as the different points in your "business network" that customers use to get in. If you haven't mapped out each and every one of them, you have a problem. To use a different analogy, making the front door stronger won't matter much if you've left a window open somewhere. Your defenses are only as strong as your weakest checkpoint. And in far too many enterprises, the weakest checkpoint will often turn out to be something that was missed, overlooked or just not paid enough attention to.

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20th April 2017

Uniken honored to be announced as a finalist in the "Best RegTech Platform, Tool or App" category at Benzinga Global FinTech Awards.  

The Benzinga Fintech Awards were created in 2015 to recognize innovation and excellence throughout the capital markets industry. The event has rapidly become a well known global event with over 18 categories in FinTech.  Finalists were determined by a panel of judges with expertise across the FinTech space. The awards event will take place May 11th in New York City.

 

We are thrilled to be recognized as an innovator and leader in the identity space and look forward to the awards event!

http://benzingafintechawards.com/finalists-2017/

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17th April 2017

Security requires a defense in depth strategy. In this case one hack that flipped a bank's DNS addresses to impostor sites set the ball in motion for a complete digital channel heist. Remarkable.

While no doubt this was a pre-planned sophisticated attack, it is clear that if they deployed a mutual and simultaneous authentication tool that was integrated with a communications layer that went beyond TLS the heist would have failed.

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3rd April 2017

Critical client facing applications require a defense in depth strategy to ensure they are not subverted or compromised. In this case MFA just isn't enough due to browser compromise.

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Teerth Technospace
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