Magazine article Mortgage Banking

Edentify, Intelligent Wave USA to Cross-Market Fraud Tools

Magazine article Mortgage Banking

Edentify, Intelligent Wave USA to Cross-Market Fraud Tools

Article excerpt

Edentify Inc., Bethlehem, Pennsylvania, announced it has entered into a strategic alliance with New York-based Intelligent Wave USA Inc.--a subsidiary of Intelligent Wave Inc., Tokyo.

Under the agreement, Intelligent Wave USA and Edentify will cross-market their products--Edentify's proprietary risk-assessment technologies IDAssess[TM], IDScreen[TM] and IDAlert[TM], as well as Intelligent Wave USA's Insider Threat Management (ITM) software solution, Cyber-crime, Warning, Alert, Termination (CWAT).

When implemented together, these complementary systems will provide more than 600 customers--including many with international reach--with a comprehensive platform for protecting data and identity information, and preventing the unauthorized transfer of financial information, according to Terrence DeFranco, Edentify's chief executive officer.

"Intelligent Wave's focus on data security, coupled with our expertise in identity protection, will fully guard against the damage caused by fraud, data breaches and credit losses for financial institutions around the world," said DeFranco. "Thanks to our strategic marketing alliance with Intelligent Wave USA, we are better positioned to reach and convert customers seeking superior levels of operational security. …

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