MOUNTAIN VIEW, Calif., Aug. 7, 2017 /PRNewswire/ -- Guardian Analytics, the market leader in behavioral analytics and machine learning solutions for preventing banking and enterprise B2B portal fraud, today announced an executive webinar featuring Zion Mitrani, Director of Pricewaterhouse Coopers' (PwC's) Fraud Prevention practice.
Mitrani, along with Guardian Analytics Vice President of Marketing Prashanth Shetty, will discuss the potential benefits and fraud risks of blockchain-based technologies within the financial services industry through applications including payments, identity security, and smart contracts. The presentation will discuss why financial institutions have been steadily boosting their investments as well as the financial crime risks of this emerging technology.
As blockchain, the technology underlying Bitcoin and other cryptocurrencies, is poised to disrupt the financial services industry, prominent global firms— including Citibank, J.P. Morgan, Goldman Sachs and Barclays — are all betting on the innovative technology as a potential new business opportunity. In 2016, the global blockchain market was estimated at $228 million but is expected to balloon to $5.43 billion between 2017 and 2023. Last year, blockchain companies also raised nearly $600 million in funding from investors.
The webinar —"How Blockchain is Poised to Transform Financial Services"— will be held on Thursday, August 17 at 11:00 am PDT. Register here to reserve your spot.
"We're pleased to co-present this webinar with PwC and look forward to sharing our point of view on the power of blockchain to transform the financial services industry and fraud prevention," said Shetty. "The emerging technology has impressive potential but is also vulnerable to financial fraud and compliance risk. We predict that behavioral analytics and machine learning techniques will be best suited to mitigate those risks."
The Guardian Analytics webinar is targeted to professionals working for both financial institutions and companies in roles that include: heads of fraud and compliance, Controllers, Chief Financial Officers, internal auditors, and heads of Information Security.
At PwC, our purpose is to build trust in society and solve important problems. We're a network of firms in 157 countries with more than 223,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.
About Guardian Analytics
Guardian Analytics is the pioneer and leading provider of behavioral analytics and machine learning solutions for preventing banking and enterprise portal fraud. Over 450 financial institutions have standardized on Guardian Analytics' innovative solutions to mitigate fraud risk and rely on the company to stop the sophisticated criminal attacks targeting retail and commercial banking clients. With Guardian Analytics, financial institutions build trust, increase competitiveness, improve their customer experience and scale operations. Guardian Analytics is privately held and based in Mountain View, CA. For more information, please visit www.GuardianAnalytics.com.
Guardian Analytics is a registered trademark of Guardian Analytics, Inc.
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SOURCE Guardian Analytics, Inc.