Ensono Recognized with Kong Innovation Award for Pioneering Fraud Prevention Technology

Ensono Wins Kong Innovation Award for Fraud Prevention Platform

Ensono, a prominent technology advisor and managed service provider, has made headlines by winning the prestigious Kong Innovation Excellence Award for its remarkable contributions to fraud prevention through a partnership with Pay.UK. This award is not just a recognition of technological advancement but an acknowledgment of collaborative innovation that addresses critical challenges in the financial sector.

Pay.UK, known for overseeing the UK's interbank retail payment systems, has been striving to enhance security and efficiency in payment processes. The ambitious project led by Ensono was executed with speed and precision, transforming a theoretical concept into a fully functional national service in record time. As James Peet, Ensono's Director of Identity and Access Management, eloquently stated, this achievement symbolizes the seamless fusion of technology, agility, and deep industry insight.

The Project Features and Impact

Ensono's innovative strategy involved the deployment of the Kong Gateway and Konnect, integral to developing a robust fraud prevention platform. Delivered within an astonishing eight-month timespan, this project has surpassed expectations and set a benchmark in the industry, establishing a secure and resilient framework for Pay.UK. The platform now supports over 400 financial institutions and processes a staggering 36 million API requests each year, ensuring a seamless and secure transaction environment.

Tom Jerrard, Product Owner for Confirmation of Payee at Pay.UK, praised the collaboration with Ensono, emphasizing that the enhancement of Confirmation of Payee services has significantly strengthened consumer trust. With fraud prevention techniques now more effective than ever, millions of users are benefitting from increased security in their transactions. This partnership exemplifies how technological innovation can fortify financial systems and offer consumers peace of mind.

Awards and Recognition

Winning the Kong Innovation Excellence Award represents more than just accolades for Ensono; it highlights the company's commitment to addressing urgent industry needs through innovative solutions. Ken Kim, Senior Vice President of Business Development at Kong, also reflected on the meaningful collaboration between Ensono and Kong, which focuses on delivering substantial business outcomes through modern API and AI infrastructure. As they prepare for the future, the partnership aims to continue driving transformative change in the financial services landscape.

Conclusion

Ensono’s achievement stands as a testament to the company's relentless pursuit of excellence in technology innovation. Their partnership with Pay.UK is a compelling example of how agility, creativity, and technical expertise can come together to solve complex challenges. As they move forward, the commitment to enhancing security in financial services remains paramount, ensuring that consumers and institutions alike can operate within a safer digital economy.

By effectively integrating advanced technologies, Ensono not only addresses current industry challenges but also sets the stage for future innovations that promise to redefine standards across the sector. The tandem of Ensono and Pay.UK will undoubtedly continue to pave the way for safer and more efficient payment systems in the UK and beyond.