We know that #AI is a great business tool... but that goes for criminals as well. #Deepfakes are a new danger for banks, merchants, and especially individual consumers. Learn more about how AI-enabled fraud works, what banks are doing to curb it, and the current tech arms-race to keep cardholders secure. #fraud #fintech #cybersecurity
ellipse
IT Services and IT Consulting
Culver City, California 1,455 followers
The creators of EVC® Dynamic Security Code, the future of smart cards.
About us
Creators of EVC® (Ellipse Verification Code), the technology that generates a Dynamic Card Security Code every time the payment card is swiped, dipped, tapped, or triggered with an app. Ellipse is a FinTech company shaping the future of smart cards. Our mission is to address the payment ecosystem’s varied needs with our solutions and to make digital payment safer. Founded in 2017, Ellipse is based in Los Angeles, with a global team.
- Website
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http://www.ellipse.la
External link for ellipse
- Industry
- IT Services and IT Consulting
- Company size
- 11-50 employees
- Headquarters
- Culver City, California
- Type
- Privately Held
- Founded
- 2017
- Specialties
- Card Module, Smartcard, Complex card, Display card, EVC, EVC All-In-One, Card component, Smart card, Fintech, EMV, DCVV, DCVC, Payment cards, Credit cards, Debit cards, Payment Security, E-commerce security, and CNP Fraud
Locations
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Primary
5701 Buckingham Pkwy
Suite A-B
Culver City, California 90230, US
Employees at ellipse
Updates
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Payment card fraud hurts everyone. It affects the card issuer (banks), the merchant (store), and the cardholder (consumer). It's a trifecta of pain that causes stress, breaks trust, and ultimately leads to over $30 billion in losses worldwide each year. Let's break down how fraud hurts each entity and what we're doing to prevent it. #cardfraud #paymentfraud #fintech #paytech #fraudprotection
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Most businesses know to lock up their offices and install security cameras, but how can we really secure information in a digital age? The financial world's cyber-physical systems are evolving quickly, making everything more interconnected - and more vulnerable to cyber-attacks. Merging physical and cybersecurity into a new, 'phygital' category of protection just may be the way forward. Find out more here: https://lnkd.in/dSRkgTvS #fraud #fraudprotection #fintech #cybersecurity
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Nous sommes fiers de travailler avec R2 Stand Design & Event ! Restez à l'écoute pour découvrir les incroyables réalisations à venir. #EVC #stand #exhibition We are proud to work with R2 Stand Design & Event! Stay tuned to see our amazing collaborations to come.
À l'occasion du salon Money20/20, R2 Stand & Event renouvelle sa collaboration avec la marque ellipse en créant un espace d'exposition de 24 m². Le design du stand, à la fois ouvert et épuré, a été soigneusement conçu pour mettre en lumière le nouveau produit phare de la marque : le module EVC All-In-One. Pour offrir une présentation haut de gamme, les fonctionnalités avancées de cette nouvelle technologie sont mises en valeur par une projection holographique. Cette méthode novatrice permet de captiver l'audience et créer ainsi une expérience immersive. Situés en bordure d'allée, les produits sont élégamment exposés sous vitrine, permettant une visibilité maximale. Le stand est également aménagé avec deux espaces d'accueil distincts : l'un dédié aux échanges commerciaux pour répondre aux questions et discuter des opportunités, et l'autre, plus en retrait, conçu pour l'établissement de contrats, offrant ainsi une atmosphère propice aux discussions plus confidentielles. Ce salon a eu lieu du 4 au 6 juin 2024 au RAI Amsterdam. R2 Stand & Event remercie ELLIPSE pour sa confiance renouvelée ! Leads France #eventprofs #exhibitionstanddesign #standdesign #interiordesign #stand #exhibition #design
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Card-Not-Present Fraud (#CNPFraud) is a nearly $50 billion problem that is only increasing with the e-commerce boom. CNP fraud affects issuers, merchants, and individual cardholders; not just the monetary loss, but the time and energy (and stress) exhausted by investigating each and every instance. Read our article to understand what CNP fraud is, how it happens, and how to prevent it. #paytech #fintech #fraud #fraudprotection
What is Card-Not-Present (CNP) Fraud? The $49 Billion Problem
ellipse on LinkedIn
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Honored to be nominated for Best Security Initiative! #EVC #paytech #fintech #thedigitalbanker
🌟 We are thrilled to announce the shortlisted nominees for the 𝐆𝐥𝐨𝐛𝐚𝐥 𝐂𝐚𝐫𝐝𝐬 & 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐀𝐰𝐚𝐫𝐝𝐬! Winners will be revealed at the awards gala on 5th September 2024! 🏆 𝐒𝐡𝐨𝐫𝐭𝐥𝐢𝐬𝐭𝐞𝐝 𝐍𝐨𝐦𝐢𝐧𝐞𝐞𝐬 𝐟𝐨𝐫: 𝐁𝐞𝐬𝐭 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞 ➡ CompoSecure ➡ ellipse ➡ Walker Sands #GPI24 #PaymentsAwards #CardsandPayments #PaymentsInnovation #PayTech #FinTech #DigitalWallets #eWallets #PaymentProviders #eCommerce #PaymentsPlatform #PaymentsService Mobasher Zein Kazmi Daniel Tran Wilbert B. Andrea Pascual
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Did you know: #GenZ uses credit cards more often than every other generation has at their age? Young adults are more financially savvy than ever before, working to improve their credit score and leveraging the benefits of credit (eg. points, miles, etc). Of course with higher credit card usage, the more opportunities for fraud. That's why better fraud protection tech like #EVC must be available to protect young adults from bad actors.
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Most people know about the #CVC (or #CVV) on the back of their card, but do you know how it *actually* works to secure your information? Understanding how your security code works, what it can do, and -- most importantly -- what it CAN'T do, is key to protecting yourself and your business. We break it all down for you here: https://lnkd.in/gzFZTMeM #paytech #fintech #fraudprotection #securitycode
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The rise of #ecommerce also ushered in a major increase of card-not-present (CNP) fraud across credit & debit card transactions. Read more about the shifting security needs of both merchants and consumers as online shopping continues to expand worldwide. #fraudprotection #paytech #fintech https://lnkd.in/geFd-ZyU