VDSI Vasco Data Security International Inc.

OneSpan to Demonstrate Anti-Fraud Platform and Digital Customer Onboarding with E-Signatures at Money 20/20 Europe

OneSpan to Demonstrate Anti-Fraud Platform and Digital Customer Onboarding with E-Signatures at Money 20/20 Europe

OneSpan will also showcase its FIDO UAF-compliant authentication solution

AMSTERDAM, June 04, 2018 (GLOBE NEWSWIRE) -- OneSpan (NASDAQ:OSPN), a global leader in digital identity security, transaction security, customer onboarding and business productivity, will demonstrate end-to-end financial agreement automation with OneSpan Sign e-signatures and ID verification through at Money 20/20 Europe in Amsterdam at Booth #C50.

highlights at Money 20/20 will include:

  • Customer onboarding: Dealflo’s workflow management system automates the full lifecycle of customer onboarding by providing a flexible and automated application process, integration of third-party identity verification services, tailored and configurable contract generation, e-signature capture, secure vaulting and end-to-end evidence capture.
  • Agreement automation: Dealflo’s agreement automation platform includes the Verification Hub, a flexible API that facilitates the integration of multiple third party identity and verification solutions for each step of the financial transaction management process.
  • Trusted Identity Platform: The OneSpan Trusted Identity (TID) anti-fraud platform brings together OneSpan’s broad portfolio of security technologies to enable real-time fraud detection for banks and enterprises through a cloud-based, open-architecture platform that uses analytics, multifactor authentication, mobile application security and orchestration of the available services.
  • FIDO-compliant authentication: OneSpan will also preview its FIDO-compliant authentication solution that meets FIDO UAF (mobile) standards to complement OneSpan’s existing U2F Bluetooth hardware offering.

Money 20/20 Europe is being held June 4-6 at the RAI Amsterdam.

About OneSpan

OneSpan enables financial institutions and other organizations to succeed by making bold advances in their digital transformation. We do this by establishing trust in people’s identities, the devices they use, and the transactions that shape their lives. We believe that this is the foundation of enhanced business enablement and growth. More than 10,000 customers, including over half of the top 100 global banks, rely on OneSpan solutions to protect their most important relationships and business processes. From digital onboarding to fraud mitigation to workflow management, OneSpan’s unified, open platform reduces costs, accelerates customer acquisition, and increases customer satisfaction. Learn more about OneSpan at  and on ,  and .

Media contact:

Sarah Hanel 

Director of Global Corporate Communications 

 

EN
04/06/2018

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Update: Investing for sustained growth

Revenue momentum built in 2014 with Q4 revenues +44% year-on-year. VASCO plans to capitalise on the interest it is seeing in its new products by expanding S&M efforts, which, with a doubling of order backlog at the start of the year, should support ongoing double-digit growth. Share performance is likely to be driven by news regarding significant new customer wins and effective investment of its $137m net cash balance.

Update: Delivering on strategy

Q3 was VASCO’s best revenue quarter yet. Management is delivering on strategy to increase the share of revenues from repeatable revenue streams, which should make growth less volatile and, along with the positive forward indicators, gives us confidence that 2015 will again be a growth year despite the increasingly difficult basis of comparison. On a 28x 2015 P/E, evidence of ongoing strong momentum into 2015 is key to driving further share price performance.

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