Following a year of exceptional growth, new customer acquisitions and renewed investment, global fraud fighters, SEON have been awarded the title of ‘Cyber Security Solution of the Year’ at the FSTech Awards.
Victory at the FSTech Awards reaffirms SEON’s burgeoning reputation as the go-to fraud prevention solution for the most influential companies in the fintech sector. To this end, in the past year alone, the company has announced major partnership agreements with notable leaders in the field, including Revolut, Nubank, Afterpay, Patreon, Sorare and Mollie.
The ‘Cyber Security Solution of the Year’ category recognizes the best cyber security solution offered by a technology provider. By winning the award, SEON has demonstrated that its innovative solution is able to constantly evolve to an emerging threat landscape by employing cutting edge technologies, such as artificial intelligence and machine learning.
Speaking on the win, Jimmy Fong, Chief Commercial Officer at SEON commented: “It’s always a great feeling to garner commendation from your industry peers, which is why we’re so pleased to have been victorious at the FSTech Awards. Receiving the award is yet further proof that we’re winning the fight to democratize the battle against online fraud.
“We were delighted to send members of our London office to the awards’ ceremony, which by all accounts was a tremendous success. We’d like to pass on our deepest appreciation to the event organizers for putting on such a fantastic evening and, of course, for selecting SEON as the ‘Cyber Security Solution of the Year’.”
Bringing together some of the biggest names within the fintech and financial services sectors, the FSTech Awards is now in its 22nd year. This year’s event was held in the London Marriot Hotel in Grosvenor Square. SEON will now enter the awards’ ‘Hall of Fame’ on account of its victory, along with all fellow winners.
With specialities in the banking, crypto, eCommerce and Buy Now, Pay Later (BNPL) sectors, as well as increasingly with Web 3.0 businesses, SEON is well-equipped to deal with the demands of modern online fraud prevention. Since its formation, the company has served over 5,000 merchants and reviewed over 1 billion transactions. In turn, this has helped to save its customers more than €50 million in potentially fraudulent transactions.