VANCOUVER, British Columbia, Jan. 28, 2016 /PRNewswire/ -- Paybefore has selected NuDetect as a 2016 Pay Awards winner in the Judges' Choice category. For 10 years, Pay Awards has conferred the most prestigious recognition of excellence in the worldwide prepaid, mobile and emerging payments industry. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for payments executives.
"We believe that greater security can be achieved without sacrificing the user experience," says Michel Giasson, the CEO of NuData Security. "Integrating behavioral analytics with biometric verification, device/connection intelligence and realtime entity linking makes NuDetect the best and most friction-free authentication method on the market. We are honored to be the recipient of the Paybefore's recognition of excellence, highlighting the industry values that we have to offer."
NuDetect was selected by an expert judging panel that evaluated nominations from around the world.
"We've been recognizing excellence and innovation in payments for 10 years. Once again, we saw nominees from across the globe tackling payments problems with mastery and ingenuity," says Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. "We're proud to recognize NuData Security's contributions to advancing electronic payments."
NuDetect allows companies to layer multiple technologies into one seamless, behind-the-scenes authentication solution. Customers can carry on with their business securely and without friction thanks to behavioral biometrics and analytics. Combined with enhanced device and location intelligence and then compared across intelligence networks, the resulting user profile offers unparalleled insight into every user event. This allows clients to predict fraud before a critical decision, reduce customer insult, and improve customer experience for trusted good users.
NuDetect will vie for Best-in-Category distinction, announced during the Pay Awards ceremony on March 21 at the All Payments Expo. Visitors to Paybefore.com will have a chance to vote through Feb. 29. The outcome of this vote will be aggregated and combined with the judges' picks to determine Best-in-Category honorees.
The Pay Awards win is one of three accolades bestowed upon NuData Security this month. The 2016 Info Security Products Guide Global Excellence Awards selected the company as a finalist in the Security Products and Solutions for Online and Ecommerce category. Winners will be announced Feb. 29, 2016. Additionally, NuData Security has been nominated for an MRC METAward for Emerging Technology in the Established Company category, awards that recognize extraordinary solution providers and advanced technology. Winners will be selected via a live voting process in Las Vegas on March 9, 2016.
About NuData Security: NuData Security predicts and prevents online fraud, protecting businesses from brand damage and financial loss caused by fraudulent or malicious attacks. NuData Security analyzes and scores billions of users per year and services some of the largest ecommerce and Web properties around the globe. Additional information is available at: http://nudatasecurity.com/
About Paybefore: Paybefore is the leading information provider to prepaid, mobile and emerging payments industry professionals, offering the latest news, commentary and analysis. Paybefore¹s family of media properties includes: Paybefore.com; Pay News; Pay Gov; Pay Week; Pay Op-Ed; Pay Magazine, Pay Awards Magazine and a global payments directory, Pay Connect available online. Visit us at www.paybefore.com.
Jessica M. Pasko
Nadel Phelan, Inc.
SOURCE NuData Security