Fact, Inc.
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- Fact, Inc. (NASDAQ: FCTI) provides AI-powered cybersecurity solutions focused on identity verification and fraud prevention for financial institutions and enterprises. The company offers core products and services including biometric authentication platforms, digital identity management systems, risk scoring algorithms, and compliance monitoring tools; its FACT Secured suite encompasses multi-factor authentication, document verification, and behavioral biometrics under the FactSecured brand. Fact, Inc. serves banks, fintech companies, and government agencies across North America, Europe, and Asia-Pacific, with headquarters in New York and operations established since its founding in 2018. In the cybersecurity industry, Fact, Inc. targets high-risk sectors such as banking, insurance, and e-commerce, emphasizing real-time threat detection and regulatory adherence like KYC/AML standards. The company operates as an independent entity without notable subsidiaries or parent relationships. Recent developments include a strategic partnership with a major U.S. bank in Q3 2025 to deploy its AI fraud detection platform, enhancing transaction security; additionally, Fact, Inc. secured a $50 million Series C funding round led by venture capital firms in early 2025 to fuel product expansion and international growth. No major acquisitions, name changes, or reorganizations have occurred in the last two years.
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