OneSpan Inc. (OSPN) is a global leader in providing advanced security and digital identity solutions. Founded in 1991, OneSpan is headquartered in Chicago, but maintains operations in more than 20 countries worldwide. It specializes in the development of software solutions to combat and prevent digital fraud, ensuring safe online transactions for individuals and businesses alike.
Their technology primarily serves a wide range of industries such as financial services, healthcare, and government sectors. OneSpan’s comprehensive suite of security solutions includes digital identity verification, fraud prevention, e-signatures, and mobile application security, effectively tackling the most common and sophisticated forms of online fraud.
What distinguishes OneSpan from other security providers is its Risk Analytics feature. It uses machine learning to analyze vast amounts of user data and spot risky transactions or unusual behavior patterns, empowering organizations to implement multifactor authentication and risk-based authentication for a heightened security environment.
The company’s innovative spirit has garnered recognition within the tech sector. Both the OneSpan Sign and Intelligent Adaptive Authentication products have earned OneSpan a Leader designation in the IDC MarketScape. Their Mobile Security Suite was accorded the Best in Class rating in Aite Group's Matrix, a testament to the company’s commitment to protect businesses and individuals from increasingly sophisticated digital security threats.
OneSpan's business ethos revolves around building trust in an increasingly digital world. To this effect, OneSpan continues to work aggressively in innovating and adapting its services to help their clients face ever-evolving security challenges in a rapidly digitizing landscape. Their financial strength, prolific R&D, and regulatory compliance position them well to execute this vision.
OSPN operates in compliance with global regulatory standards. It maintains stringent data privacy and protection protocols, ensuring clients can trust them with their most sensitive information.
Ultimately, OneSpan's mission is to enable seamless and secure transactions in an increasingly digitalized, fast-paced world. Through effective collaboration with their clients, they strive to bolster their digital infrastructure, instill customer confidence, and drive business growth. They aim to deliver the highest standards of service, staying true to their motto of being a ‘trust-builder’ in a digital world.