Established companies rely on Swiss startups
Established companies rely on Swiss startups unknown
Fintech, health-tech and sales-tech startups have added new customers to their client base to help them combat fraud, make value-based pricing contracts and boost their sales with self-learning, humanoid AI products. The new customers are all global companies with an established foundation.
Fintech company NetGuardians renowned for its enterprise risk platform for combatting financial fraud developed software that forms customer profiles based on behavioural analytics, machine learning, and artificial intelligence. It monitors all transactions and provides a risk score by comparing it against the customer profile. The company today counts more than 25 client banks across Africa & The Middle East using its software as their anti-fraud solution. The startup is trusted by 40% of the largest banks in East Africa. The company is working with banks to protect more than $7 trillion in assets from fraudsters and was listed as a Global Leader in the 2021 Aite-Novarica report on Fraud and AML Machine Learning Platforms. Joining its client base is the BANK OF AFRICA, a pan-African bank in 31 countries worldwide, 20 of them being in Africa. The bank will use NetGuardians’ fraud prevention software to safeguard its assets and branches in Morocco against internal and payment fraud.
Selli AG
MPB Recruitment Group AG, a leading company in recruitment, personnel assessment and coaching, with 64 offices in 37 countries and the sixth largest headhunter in the world, relies on the digital portal on Selli AG, the Artificial intelligence for personnel search platform for specialists and executives. use digital technology from Swiss start-up Selli AG to expand its systematic search for suitable personalities for companies. Selli will provide its digital portal "move", which continuously processes large unstructured data from the Internet, such as news texts from media and structured data from commercial registers and contacts from business networks, and tailors them individually for the respective user. The next steps in the collaboration will be providing AI-supported information from structured and unstructured data to recognize changes and impulses in the market, thereby further optimising the future-oriented processes in professional executive search.
Lyfegen
Lyfegen, a global healthtech SaaS company driving the world’s transition from volume to value-based healthcare for high-cost drugs, therapies and devices, has joined forces with EGK-Gesundheitskasse to execute all their value-based pricing contracts for high-cost drugs efficiently, securely, and transparently. The Swiss startup will provide EGK to identify and claim rebates from 141 drug price models with 32 manufacturers, with minimal effort and maximum transparency. This includes rare or chronic illnesses, promising therapies that may be used outside the approved indication, or new drugs not yet available or approved in Switzerland. Lyfegen’s platform addresses the needs of Swiss health insurers for cost efficiency and digitalization, helps solve existing complexities in the system, and does its utmost to counteract high insurance premiums.
(Press release/RAN)