neoEYED has developed an Artificial Intelligence (AI) solution that helps banks, fintech applications and e-commerce businesses secure their digital identities and accounts from unauthorized users to prevent fraud. Its solution uses AI to learn and recognize users' behavior, based on how they interact with the web and mobile applications and use their devices, and raises an alert if there is suspicious activity on an account. It is unobtrusive as it continuously monitors user behavior without seeking additional permissions or personal information from the user. The solution is suitable for any industry.
Organizations lose billions of dollars a year due to account takeover fraud. NeoEYED is on a mission to help businesses reduce the cost associated with traditional passwords. We solve three main problems - customer passwords being stolen, employees sharing passwords, and automated attacks on mobile and web apps using scripts. Our USP is simple, even if your password is stolen, nobody would be able to use it except you. With a simple line of code, neoEYED creates an invisible layer of security simply by how a user types on their keyboard, holds a phone, taps a touch screen, or moves their mouse.
B2B
1 to 25
Seed
N/A
Scaling Up
2016
Internet
Information Services
Verify Account Identity
Prevent Account Takeover
Detect Automated Bot Attacks
Improve User Experience
Data Privacy
IT and Security
Service
Yes
Active
Machine Learning
Machine Perception
Natural Language Processing
Knowledge Representation and Reasoning
Software
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