Silver Tail Wins Best of Show at Finovate Conference
Leading Solution in Fighting Business Logic Abuse Selected at FinovateStartup09
SAN FRANCISCO, CA, Apr 30, 2009 (AllPayNews) -- Silver Tail Systems, Inc., announced today it was selected as "Best of Show" by the audience of over 300 attendees at the FinovateStartup09 conference in San Francisco. The Best of Show Award was voted on by the attendees from financial services firms based on their interest in the solution, the compelling need in the financial services market and the presentation given at the conference. Silver Tail was selected as one of four "Best in Show" winners out of 56 startup companies participating in the conference.
Leading anti-fraud expert and company co-founder, Laura Mather, presented the Silver Tail Forensics product on stage at the conference. She highlighted a Man-in-the-Browser example, showcasing Silver Tail's unique capability as the only commercial technology for online sites to detect this emerging threat and protect against business logic abuse.
"Online fraud and especially business logic abuse is on the rise and a top concern for financial services firms," said Sherrick Murdoff, chief executive officer of Silver Tail Systems."It is exciting to see such support and momentum from the financial services community at the conference."
The FinovateStartup ( http://www.finovatestartup.com) conference brings together innovative financial technology startups with the financial services and banking industry in a unique demo-only format designed to showcase the future of finance in a single day.
About Silver Tail Systems
Silver Tail Systems ( http://www.silvertailsystems.com) provides next generation fraud prevention to protect against business logic abuse -- a rising threat on application logic costing financial institutions hundreds of millions of dollars and significant loss of trust. Silver Tail products use real-time behavior analysis to detect and alert on known threats and new behaviors, then enables the business to disrupt these attacks in real-time. Founded by fraud prevention experts from eBay and PayPal, Silver Tail significantly reduces online fraud losses, protects your institution and increases customer trust.
Silver Tail Systems
SOURCE: Silver Tail Systems