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Transmit Security - Only Vendor Named an Overall Leader Simultaneously in KuppingerCole Leadership Compass Reports for Passwordless Authentication, CIAM Platforms and Fraud Reduction Intelligence Platforms

Industry recognition for the innovation required to protect digital identities and prevent identity-based fraud while improving customer experience

TEL AVIV, Israel & BOSTON--(BUSINESS WIRE)--Transmit Security, a leading provider of security-first customer identity and access management (CIAM) SaaS solutions, today announced it has been named an Overall Leader in two recent ranking reports from KuppingerCole Analysts AG — the 2022 Leadership Compass: Passwordless Authentication and the 2022 Leadership Compass: CIAM Platforms, adding to its Overall Leader recognition in the 2021 KuppingerCole Leadership Compass: Fraud Reduction Intelligence Platforms. To achieve the 2022 ratings, Transmit Security was evaluated against 24 and 22 vendors respectively for product functionality, innovation, market presence and financial position. Transmit Security is just one of four vendors to be named an overall leader in the latest two reports, and the only vendor to achieve such a distinction in all three aforementioned reports.

As noted in the 2022 Leadership Compass: Passwordless Authentication - Transmit Security’s CIAM platform is recognized for its ability to satisfy strong omni-channel and cross-channel use cases simply and seamlessly. Identity orchestration strength is called out as a key strength, allowing companies to configure and build flexible customer journeys, including those that do not require a specialized mobile app for authentication. KuppingerCole states, “The platform has one of the most feature-rich offerings in the passwordless authentication market and would likely be suitable for any type of organization looking to adopt a passwordless solution.”

“Improving the consumer experience is often a goal in deploying or upgrading CIAM solutions,” said KuppingerCole lead analyst John Tolbert. “With the increasing digitization of Business-to-Consumer (B2C) interactions, consumers are asked to create and use more and more accounts and passwords. Managing the escalating numbers of digital accounts can be burdensome for consumers if the CIAM systems with which they are engaging are not optimally designed, implemented, and continuously tuned.”

“We equip businesses with a modern identity platform with best-in-class identity security that makes the user experience better while continually protecting both businesses and customers from today’s risk,” said Niv Goldenberg, Chief Product Officer at Transmit Security. “Our deep experience in identity orchestration, true passwordless and multifactor authentication, real-time account protection and identity proofing are essential keys to our unique approach. We’re pleased to be recognized by a top cybersecurity and identity management analyst firm for these and other capabilities that digital leaders need today.”

Transmit Security serves a diverse array of companies across the globe with its modular, cloud-native CIAM platform, providing FIDO2-based, multi-factor and passkey-based authentication, identity verification, and risk & trust controls, underpinned by omni-channel identity orchestration. These companies include Alight, America’s Car-Mart, Citigroup, Banco Santander, BRED Banque Populaire, Fintecture, Gruppo Cattolica, Prime Healthcare, Rogers Communications, Telecom Italia and many others.

About Transmit Security

Transmit Security gives businesses the modern tools they need to build secure, trusted and end-to-end digital identity journeys to innovate and grow. CX-focused, cybersecurity-conscious leaders rely on Transmit Security’s Customer Identity and Access Management platform to provide their customers with smooth experiences protected from fraud across all channels and devices. Transmit Security serves many of the world’s largest banks, insurers, retailers, and other leading brands, collectively responsible for more than $2 trillion in annual commerce.

For more information, please visit www.transmitsecurity.com.

Transmit Security

Details
Headquarters: Boston, MA
CEO: Mickey Boodaei
Employees: 350+
Organization: PRI
Revenues: $120+M (2023)

Release Summary
Transmit Security receives industry recognition for innovation in protecting digital identities, preventing fraud & improving customer experience.
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