Identiq Summit Brings Together Global Brands for the First Time to Advance Customer Privacy, Safety and Trust Challenges

USA - English

• USA - English

TEL AVIV, Israel, May 5, 2020 /PRNewswire/ -- Identiq today announced a virtual summit, that for the first time, brought together 17 of the biggest names in payments, retail, ridesharing, online marketplaces, apartment-sharing, gaming and financial services - including Blackhawk Network, Eventbrite, Gett, Green Man Gaming, Intuit, PayU, Plastiq, Udemy and Via - to discuss ways of boosting online trust and privacy while battling fraud and increasing safety. The Identiq Member Summit took place online on March 31, 2020.

The companies who took part in the Summit demonstrated a commitment to go beyond current norms to fight identity theft, help the 'unbanked' population and build customer trust, all with privacy as the center of discussion. They explored how to reimagine identity validation by collaborating to build better trust among business peers while reducing data exposure.

New technologies mean that companies can collaborate directly on an entirely new level, without sharing any personal user data at all. These businesses are looking at innovative ways to pull techniques from the sphere of academic mathematics and use them to make users' lives smoother and safer.

"This first sounded almost too good to be true," said Vlad Branin, GM Global Business Operations at Gett. "As I learned more, I came to the conclusion that this really is possible; I was hooked. The combination of network effect and anonymization should provide a very, very high level of confidence for business decision-makers. I can't wait to see the possibilities of Identiq realized."

"I know this kind of approach can work, but have not seen it done in this way where it's encrypted and then sent out anonymously," said Arielle Caron, Head of Risk Product and Risk Data Science for Blackhawk Network. "I'm very excited about this, and we're looking forward to partnering with all of the amazing brands in the Summit."

Michal Yair, Product Lead for PayU, spoke about the ease of onboarding Identiq, stating, "After three days, I was able to demonstrate a working integration. It was quite amazing. Creating better solutions for underbanked communities is at the heart of what we do, so joining the Summit made perfect sense."

At the Summit, award-winning cryptography expert Professor Ran Canetti explained why decades of academic research were finally able to culminate in real-life innovation. Many participants at the Identiq Member Summit noted their excitement to be exploring an entirely new approach to fighting fraud. This emphasis on innovation is reflected in the fact that Gartner recently named Identiq a Cool Vendor 2020. Cool Vendors are chosen specifically for their innovative qualities.

About Blackhawk Network

Blackhawk Network delivers branded payment solutions through the prepaid products, technologies and network that connect brands and people. We collaborate with our partners to innovate, translating market trends in branded payments to increase reach, loyalty and revenue. Serving 28 countries, we reliably execute security-minded solutions worldwide. Join us as we shape the future of global branded payments. For more information, please visit blackhawknetwork.com.

About Eventbrite

Eventbrite is a global ticketing and experience technology platform that serves a community of nearly one million event creators in over 180 countries. Since inception, Eventbrite has been at the center of the experience economy, transforming the way people organize and attend events. The company was founded by Julia Hartz, Kevin Hartz and Renaud Visage, with a vision to build a self-service platform that would make it possible for anyone to create and sell tickets to live experiences. The Eventbrite platform provides an intuitive, secure, and reliable service that enables creators to plan and execute their live and online events, whether it's an annual culinary festival attracting thousands of foodies, a professional webinar, a weekly yoga workshop or a cooking class. With over 300 million tickets distributed to more than 4 million experiences in 2019, Eventbrite is where people all over the world discover new things to do or new ways to do more of what they love. Learn more at www.eventbrite.com.

About Gett

Gett is the leading corporate SaaS solution for ground transportation across Europe and North America. Its cloud-based solution offers a unique ability to aggregate all ground travel needs by connecting a range of vendors on one single booking platform. Gett's corporate solution provides a single point of entry to a global network in hundreds of cities worldwide, saving millions of dollars on ground transportation while ensuring the highest level of employees' satisfaction.

Founded in 2010, Gett has always been very strong in the corporate segment, immediately after launching the app in 2010, Gett signed its first corporate customer. Since then, over 17,000 other corporations joined the Gett service.

Today, Gett is leading the innovation in corporate ground travel. The B2B proposition, underpinned by high consumer service and cutting-edge technology is already serving thousands of leading corporations around the world.

Gett raised more than $800M in venture funding, including $300M+ from Volkswagen.

About Green Man Gaming

Green Man Gaming is a multi-award-winning retailer, publisher and technology business in the video games industry. We work with almost all of the world's best gaming brands and sell games to millions of happy customers world-wide. In 2019, we launched our digital partners program designed to give independent studios and developers more choice, and we continue to expand and reinforce our WW footprint in LATAM, SE Asia & China. https://corporate.greenmangaming.com/

About Intuit

Intuit's mission is to Power Prosperity Around the World. We are a global financial platform company with products including TurboTax, QuickBooks, Mint and Turbo, designed to empower consumers, self-employed and small businesses to improve their financial lives. Our platform and products help customers get more money with the least amount of work, while giving them complete confidence in their actions and decisions. Our innovative ecosystem of financial management solutions serves approximately 50 million customers worldwide. Please visit us for the latest news and in-depth information about Intuit and its brands and find us on social.

About PayU (a Prosus group company)

PayU is the payments and fintech business of Prosus, a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities.

Prosus has a primary listing on Euronext Amsterdam (AEX: PRX) and a secondary listing on the JSE Limited (XJSE:PRX), and is majority owned by Naspers. For more information on Prosus and its companies and investments, please visit www.prosus.com

About Plastiq

Plastiq is the intelligent payments solution, enabling businesses to pay or accept payment via a credit card for virtually any expense. With Plastiq, it is easier for businesses to access working capital in ways that make the most sense for them, so they can maximize every business opportunity. Plastiq works with all major credit card providers, including American Express, Discover, Mastercard, Visa, Brex and JCB, and its automated payment platform has signed up more than one million clients, processing billions in payments for a wide range of expenses, from business supplier payments to contractors, taxes and rent. Learn more at www.plastiq.com.

About Udemy

With a mission to improve lives through learning, Udemy is the world's largest online learning destination that helps students, businesses, and governments gain the skills they need to compete in today's economy. Millions of students are mastering new skills from 57,000 expert instructors teaching over 150,000 online courses in topics from programming and data science to leadership and team building. For companies, Udemy for Business offers an employee training and development platform with subscription access to 4,000+ courses, learning analytics, as well as the ability to host and distribute their own content. Udemy for Government is designed to upskill workers and prepare them for the jobs of tomorrow. Eighty percent of Fortune 100 companies trust Udemy for employee upskilling. Udemy is privately held and headquartered in San Francisco with offices in Denver, Brazil, India, Ireland, and Turkey. Udemy investors include Insight Partners, Prosus (Naspers Ventures), Norwest Venture Partners, and Stripes.

About Via

Via is reimagining how the world moves, from a system of rigid routes and schedules to fully dynamic networks. Via's mobile app connects multiple passengers who are headed the same way, allowing riders to seamlessly share a premium vehicle. First launched in New York City in 2013, Via's technology is now deployed globally, including in Europe as ViaVan. Today Via and ViaVan partner with over 100 public transportation agencies, private transit operators, taxi fleets, private companies, school districts, and universities, seamlessly integrating with transportation infrastructure to power cutting-edge mobility. For more information, visit ridewithvia.com.

About Identiq

Identiq is a peer-to-peer identity verification network that allows its members to validate new users and vouch for ones they trust without sharing any customer data or identifiable information whatsoever. This providerless solution takes third-party data providers out of the equation, instead leveraging the consensus of other network members and setting a new standard for end-user privacy. Identiq enables companies to accurately fight fraud and identify good users - reducing false positives, increasing approval rates and creating a better user experience. For more information, visit www.identiq.com.

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SOURCE Identiq