Company Headquarters: Minneapolis, MN
Ownership: Privately held
Market Space: Kevari is on the front lines of identity fraud protection with platform-based solutions that mitigate the damaging effects of account takeover and new-account fraud. Thousands of banks and credit unions, financial services companies, and other businesses rely on Kevari to help them:
- Prevent fraud losses
- Reduce customer friction
- Avoid reputational damage
Solutions: Kevari solutions are offered through Kevari directly, or through reseller partners such as FIS Global (NYSE: FIS) and Fiserv (NASDAQ: FISV). Kevari’s branded solutions are Safe2Open and Safe2Change. FIS sells Kevari-based solutions as FraudChex and Fiserv as NotifiDetect.
End Users: Fraud investigators and fraud analysts are the end-users of Kevari solutions. They typically work in the back office of the business as part of a fraud investigation/operations unit or a regulatory compliance team. The decision to purchase Kevari solutions is typically made by leaders responsible for mitigating fraud, and as well in the case of account takeover, maintaining regulatory compliance.
Background: Kevari was founded in 2003 as I.D. Insight, INC. The company had one client and a single deliverable: address verification. Nearly 20 years later, on September 19, 2022, the company changed its name to Kevari to reflect its evolution and broader position in the fraud-fighting market space. Kevari has multiple use cases, advanced technologies, numerous AI-driven data networks, and nearly 4,000 customers.
Awards and Recognition: Kevari was named to the Inc. 5000 list of America’s fastest-growing companies in 2020, and has been recognized as a Minnesota Cup finalist, three-time Tekne Award finalist, Mpls./St. Paul Business Journal Eureka Innovation! Award winner, Finance & Commerce Progress Minnesota honoree and a Minne Inno 50 on Fire company.
- Adam Elliott, President, CEO and Co-founder
- Jack Sundstrom, Chief Product and Marketing Officer
- Sudheer Prem, Chief Technology Officer
Board of Directors:
For more information, call 1.877.749.8731
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