NEW YORK, Sept. 26, 2018 /PRNewswire/ -- Payfone, a world leader in digital identity authentication, announced today that it has been named a SINET 16 Innovator for 2018. This prestigious award, administered by SINET, an organization devoted to defeating cybersecurity threats through public-private collaboration, recognizes the 16 most innovative and compelling cybersecurity companies in the world. Payfone was selected from a pool of 123 global applicants by the SINET Showcase Steering Committee, which is comprised of 100 cybersecurity professionals drawn from leading cybersecurity consultancies, investors and government agencies.
"We are honored to accept the distinguished SINET 16 Innovator Award," said Rodger Desai, CEO of Payfone. "This win will serve as fuel for the Payfone team as we authenticate 19 billion transactions this year and continue to drive forward in our mission to create a more secure digital world where companies and consumers can transact with trust."
As a recipient of the SINET 16 Innovator award, Payfone will present its unique approach to replacing vast stores of static personal data with secure, anonymous tokens informed by dynamic digital signals at the SINET 16 Showcase on November 7-8 in Washington, D.C.
Payfone is the leading digital identity authentication provider for the connected world. The world's largest banks, insurers, brokerages and technology companies trust Payfone to accelerate revenue by thwarting digital identity theft with real-time, passive identity authentication and predictive identity confidence through our proprietary Trust Score. Our solutions enable consumers and businesses to transact with trust. Learn more at www.payfone.com and www.linkedin.com/company/payfone.