InAuth, the device authentication and intelligence experts and Sphonic, a leading provider of risk management, anti-money laundering and fraud prevention solutions and services, today announced a partnership that will enable Sphonic to offer and deploy InAuth’s device intelligence security platform to its global customer base.

Headquartered in London, Sphonic innovates in the market by working with new technologies and as such, were interested in enhancing its device authentication and risk assessment offering to further strengthen its portfolio of risk and fraud prevention solutions, particularly for mobile. Through the partnership with InAuth, Sphonic will now be able to provide its customers with an advanced, next-generation digital device intelligence platform that delivers deep mobile and browser device attribute capabilities, as well as cross-channel binding. In turn, this will enable Sphonic customers to more accurately and consistently interrogate every device interacting with them in order to reduce risk and prevent fraudulent transactions.

“As a risk management-focused business, we are dedicated to expanding our product portfolio to include best-of-breed solutions so that we can continually keep pace with a fast-moving digital commerce world and protect our customers,” said Riten Gohil, Sphonic CEO. “The addition of InAuth’s comprehensive product suite will complement our services to empower customers to make highly confident risk decisions regarding the trustworthiness of any digital device conducting transactions with their organization.”

“We are extremely pleased about this strategic partnership,” said Lisa Stanton, CEO, InAuth. “Sphonic is a highly respected company with clients across the EU. Unlike other solutions, the InAuth platform was architected specifically for the mobile channel. Our knowledge in this arena as a company that was ‘born mobile’ will bring Sphonic customers a heightened ability to identify and assess device risk at levels never before possible. Combined with Sphonic’s strength and reputation as a professional services organization, InAuth is well positioned to rapidly expand its geographical footprint across the EU and beyond through this partnership. This is a market hungry to secure the mobile channel so it can focus on leveraging it to capture new business opportunities. This partnership will go a long way toward that end.”