Montreal, July 14, 2020 – With financial software collecting sensitive information and considering the risks associated with identity fraud, Technicost implements behavioral identity authentication for all its products by integrating with F8th Behavioral Biometric Analysis software.

F8th provides software solutions which authenticate user identity by integrating behavioral biometric calculations. Supported by artificial intelligence (AI) to establish multiple correlations, the software succeeds in recognizing the evolution of user device movements and interactions online. The software analyzes user behavior on the computer, tablet and mobile device.

Technicost, one of the Canadian leaders in financial software, is among the first companies to integrate F8Th technology into its applications. ‘‘By integrating artificial intelligence for user authentication through user behavior analysis, we seriously raise the security barriers for our customers by minimizing their risk of identity fraud ” says Yves Gagnon, CEO of Technicost.

Web security continues to be a major issue. ‘’Considering the staggering number of chipped passwords in circulation, or the consumer habit of reusing passwords over and over again, it becomes imperative to use as many tools as possible against identity theft to avoid major fraud. Highly secure, recognizing that it is practically impossible for humans to repeat exactly the same behavior, without seeming suspicious, or revealing bot activity, is the essence of our solution,’’ explains Jonathan Gagné, CEO of F8th.

About F8th
F8th provides identity management and authentication through artificial intelligence and biometric calculations of user movements. Based in Toronto, the company works with the biggest players in the market, including IBM and Amazon, and governments, such as the Department of Innovation, Science and Economic Development Canada (ISED). Leader in biometric behavioral modeling by artificial intelligence, the company is currently distinguished by the quantity and quality of the models developed. Incorporated in 2019, F8th is a young company, created by Jonathan Gagné, a computer genius and globetrotter from Quebec who developed this technology during his professional journeys.

About Technicost
Combining agility, data analysis and speed of execution, Technicost specializes in the development and implementation of software TechLOS, WebLOS, LMS, Décision, LMS for credit management solutions, ranging from loan origination systems (LOS) to savings banks and Canadian credit unions.

For over 35 years, Technicost has been the Canadian pioneer of credit software, promising unmatched service, unprecedented support, and consistently innovative software solutions to make day-to-day workflow as efficient and successful as possible. We provide credit software to more than 100 Canadian financial institutions and cooperatives across Canada. Technicost is a member of The Co-operators group Companies Limited.

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Source :

Marie-Claude Lavoie | Marketing Manager
Mclavoie@technicost.com
TECHNICOST INC | www.technicost.com
4200 Boulevard Saint-Laurent, Suite #905, Montreal, QC, H2W 2R2
c.: 514-586-2628