Arkose Labs’ innovative approach to fighting fraud was inspired by bringing together Kevin Gosschalk’s expertise in interactive machine vision technology with Matthew Ford’s experience in video game development. The co-founders recognized the potential of applying dynamic, user-friendly puzzles in the authentication process and from this developed a comprehensive platform that combined sophisticated risk-based profiling with targeted challenges.
They quickly grew the team and established a business with global operations with bases in Brisbane, Australia, and San Francisco, California. The company has enjoyed rapid momentum and has successfully raised capital plus strategic investment from payments giants, PayPal. Arkose Labs is amassing a customer list featuring household brands and Fortune 100 companies and has was named by CNBC in their list of the top 100 start-ups to watch in 2019.
Other industry accolades in 2019 include the SC Magazine’s Leadership Awards in the ‘Innovation’ category, top 10 finalist in the RSA Innovation Sandbox, winner at the MRC Technology Awards for the top start-up, winner in the SINET 16 Innovators awards, and being named ‘Best in Show’ at Finnovate Spring.
Arkose Labs has a vision for a world of zero-
tolerance for fraud. This approach is based on the
following core principles.
Undermine the economic incentive behind fraud by rendering attacks time-consuming, difficult and expensive.
Seamlessly combine risk-based authentication with targeted friction to stamp out fraud and abuse at scale.
Stop fraud long-term with adaptive defenses that continually move the goal posts for fraudsters.
Shift the attack surface by providing a buffer between fraudsters and the sites and apps they attack.