Security under control. How Solidityʼs solutions help banks combat fraud

For over 10 years, Solidity has helped companies secure and strengthen their IT systems. The team creates solutions that enable banks to combat fraud, verify potential customers, build reliable infrastructure, and integrate new technologies into existing business processes. 

Solidity is trusted by major players in the market, including the National Bank of Ukraine, Oschadbank, Sense Bank, and Kredobank, as well as corporations outside the financial sector, such as Fozzy Group and Ukrnafta. Solidity focuses on combining teamwork, technology, and innovation to help customers scale their businesses while ensuring their security. In an interview with Forbes BrandVoice, Yuriy Fedets, founder and CEO of Solidity, discussed how technologies are transforming banking security. 

What is Solidityʼs area of expertise?

Solidity is a team of 64 people who combine technological expertise with a deep understanding of the financial sector. We specialise in implementing innovative solutions for banks and payment systems to help them increase efficiency, reduce risks, and accelerate digital transformation. 

Specifically, we implement anti-fraud and customer verification systems for banks, as well as comprehensive infrastructure and integration solutions for corporations. Our goal is to transform technology from a buzzword into a real tool that provides tangible benefits to businesses. 

You are a Gold Partner of International Business Machines (IBM), an American technology corporation that develops and provides solutions for hybrid cloud environments and artificial intelligence. What does this partnership mean, and why is it important to you? 

For us, the partnership with IBM means more than just access to cutting-edge technologies; itʼs also