Articles from GeoComply Solutions Inc.

GeoComply Solutions Inc. (“GeoComply”), a leading provider of digital identity and geolocation solutions, today announced its selection as the “Financial Transaction Security Platform of the Year” for the second year in a row. This marks the 10th year of the program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

GeoComply Solutions Inc. (“GeoComply”), a leading provider of cutting-edge anti-fraud and geolocation solutions, today announced that Kingsmead Security Ltd (“Kingsmead Security”), an independent consultancy specializing in content security for the TV and film industry, has completed its latest round of testing for GeoGuard™. Boasting a regularly updated database of over 370 million IP addresses, GeoGuard delivers industry-leading VPN detection, designed to enhance security and prevent fraud by verifying a user's true location and identifying spoofing attempts. We are pleased to announce that our latest VPN detection rate hit an outstanding 99.1%, scoring a perfect 0% false positive rate. GeoGuard further demonstrated a 99.8% accuracy rate across all streaming use cases and a 99.9% accuracy rate for all other fraud use cases.

GeoComply Solutions Inc. (“GeoComply”), the market-leading geolocation security provider, announced today that it has secured minority investments by funds managed by Norwest Venture Partners (“Norwest”) and Arctos Sports Partners (“Arctos”). Both investment groups will support GeoComply’s continued growth in its core markets and help accelerate its expansion into Financial Services and Media Rights Management.