OneSpan Inc. announced a strategic investment in and partnership with ThreatFabric, a pioneering provider of proactive fraud detection, mobile threat intelligence, and malware defense solutions. This partnership marks a significant milestone in OneSpan’s mission to offer its advanced authentication customers additional capabilities in adjacent areas of cybersecurity and fraud prevention.
This partnership enables OneSpan to expand its cyber fraud prevention capabilities for the financial services industry, which has experienced a significant surge of Authorized Push Payment (APP) fraud in recent years. By integrating mobile threat intelligence, malware risk detection, and behavioral risk evaluation, OneSpan will deliver customers an additional and proactive defense against evolving digital threats. As cybercriminals increasingly blend malware, social engineering, and remote access tools, ThreatFabric’s layered approach is uniquely positioned to detect and disrupt these hybrid threats.
As part of the investment, OneSpan will join ThreatFabric’s board of directors and participate in the newly formed ThreatFabric Strategic Advisory Board, reinforcing its commitment to shaping the future of fraud prevention through collaboration and innovation.
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“Our investment in ThreatFabric underscores OneSpan’s commitment to staying ahead of emerging digital threats,” said Victor Limongelli, CEO of OneSpan. “Mobile devices are the dominant access point for consumer financial services, leading to the rise in device compromise, malware, and cyberfraud. Partnering with ThreatFabric enhances our capabilities and sets a new standard for protecting customers in a mobile-first world—keeping trust and security at the heart of digital banking.”
Founded in Amsterdam in 2015, ThreatFabric has earned recognition for its layered fraud prevention solutions, including behavioral analytics, device intelligence, mobile malware detection, and real-time threat intelligence. The company protects over 60 million banking customers worldwide and has been featured in Gartner’s Emerging Tech reports. Its existing investors include Rabo Investments (the investment arm of Rabobank), Motive Ventures, 10x Founders, and 14Peaks Capital.
“We are thrilled to welcome OneSpan as a strategic investor and partner,” said Han Sahin, CEO of ThreatFabric. “We’re excited OneSpan underwrites our vision: to secure every mobile journey with AI‑driven behavioral biometrics and market-leading advanced malware defense.”
Source: BusinessWire