3d-secure
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Outseer’s $5 Trillion Question: Is the Customer Being Conned?
A familiar phone. A valid password. A payment the customer really approved. Outseer is building its fraud defenses around the uncomfortable possibility that all three can be true and the money can still be stolen.
The Fraud Fighter That Learned to Say Yes
Ravelin began with a taxi app’s fraud problem and built a business around a counterintuitive promise: stop the thieves without turning good customers away. Worldpay bought the company in 2025 - but the more revealing story is how five engineers made restraint into a product.
The Bank Security Company That Wants You to Notice Almost Nothing
Entersekt built a global financial-authentication business around a stubborn idea: the best security step is often the one a legitimate customer never sees. Now its bet is moving from a protected phone to one context-aware layer across banking and payments.
Evervault
Evervault is a developer-first encryption platform that lets companies collect, store, process and forward highly sensitive data - especially payment card data - without ever handling it in plaintext. Founded in 2019 by Irish entrepreneur Shane Curran, the New York and Dublin based company pairs a dual-custody encryption model with products for card payments, secure enclaves and network proxying. It processes over $5 billion in transaction volume and generates more than 100 million encrypted tokens per month for customers including Ramp, Rippling and CarTrawler.
Cybersource
Cybersource is a global payment management platform owned by Visa, helping merchants accept, secure, and optimize digital transactions in 190+ countries. Founded in 1994 and acquired by Visa in 2010 for ~$2B, it powers payment gateway, tokenization, fraud management (Decision Manager) and orchestration services for hundreds of thousands of businesses worldwide.