OneSpan Inc. (VDY)

Overview

OneSpan Inc., formerly known as VASCO Data Security International, Inc. until May 2018, operates globally, providing a comprehensive suite of digital solutions focused on identity, authentication, and secure digital agreements. Established in 1991, with its headquarters in Boston, Massachusetts, OneSpan has carved its niche by developing advanced security products and services designed to facilitate secure digital transactions for businesses worldwide. The company extends its market reach through direct sales, distributors, resellers, systems integrators, and original equipment manufacturers. OneSpan's commitment to innovation is evident in its diverse product line-up, catering to a range of sectors, particularly financial institutions, by ensuring secure and seamless user experiences.

Products and Services

• OneSpan Sign:

  Designed to accommodate everything from occasional agreements to the processing of tens of thousands of transactions, OneSpan Sign offers a versatile array of e-signature solutions. It aims to make digital agreements more secure and efficient, serving the varying needs of its users across different industries.

• OneSpan Cloud Authentication:

  A cloud-based multifactor authentication solution that supports numerous authentication options including biometrics, push notification, visual cryptograms, SMS, and hardware authenticators. This service is focused on enhancing transaction data security by leveraging advanced, user-friendly authentication mechanisms.

• OneSpan Identity Verification:

  This service provides banks and financial institutions with robust identity verification services, facilitating secure online transactions and onboarding processes by accurately verifying user identities.

• Mobile Security Suite:

  A comprehensive software development kit that helps protect mobile transactions against threats. It enables businesses to fortify their mobile apps against cyber threats, ensuring transaction integrity and user trust.

• Digipass Authenticators:

  Includes a wide array of authentication devices tailored to meet the security needs of today's digital businesses. These devices are integral to securing access and transactions, offering a balance between security and user convenience.

• Authentication Servers:

  Provides versatile strong authentication utilities and solutions designed for organizations to securely authenticate users and transactions. This technology forms the backbone of many secure digital platforms by helping to prevent unauthorized access.

• Digipass FX1 BIO:

  A state-of-the-art physical passkey featuring a built-in fingerprint scan, designed specifically for workforce authentication markets. It represents the next generation of physical authentication devices, emphasizing security combined with ease of use.

• Virtual Room:

  A high-assurance solution that combines the simplicity of consumer video collaboration apps with robust identity and authentication security features. Virtual Room caters to the demand for secure, remote collaboration and consultation environments.

• OneSpan Notary:

  An online notary solution that addresses the needs of organizations with in-house notaries. OneSpan Notary brings the traditional notarization process into the digital age, offering enhanced convenience and security.

• OneSpan Trust Vault:

  A blockchain-based decentralized digital storage solution. It aids organizations in complying with strict compliance, regulatory, and chain of custody requirements for critical documents, leveraging the security and transparency of blockchain technology.