OneSpan (formerly Vasco Data Security International, Inc.) is a publicly traded cybersecurity technology company based in Boston, Massachusetts, with offices in Montreal, Brussels and Zurich. The company offers a cloud-based and open-architected anti-fraud platform and is historically known for its multi-factor authentication and electronic signature software.^[2][3]

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Quick Facts Company type, Traded as ...

OneSpan Inc.

Company type	Public company
Traded as	Nasdaq: OSPN Russell 2000 component
Industry	Software Computer security
Founded	1984; 40 years ago (1984)
Headquarters	Boston, Massachusetts, U.S.
Key people	T. Kendall Hunt, Chairman, Founder Victor Limongelli, CEO
Revenue	$193.3 million (2017)
Operating income	$6.2 million[citation needed] (2017)
Net income	$22.9 million[citation needed] (2017)
Total assets	$337 million[citation needed] (2017)
Number of employees	613 (2016[1])
Website	www.onespan.com

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It was founded by T. Kendall Hunt in 1991 and held its initial public offering (IPO) in January 2000. OneSpan is a member of the FIDO Alliance Board.^[4][5]

In 1984, T. Kendall Hunt founded Vasco as a consulting and software services company for corporate and governmental agencies. In 1991, the company acquired ThumbScan, which claimed to have the first fingerprint reader device for a computer.^[6][7]

In 1993, the company was renamed Vasco Data Security International and expanded its offerings to include data security. Vasco was incorporated in 1997 and held its initial public offering in January 2000.^[8]

Vasco started developing its Digipass technology in the early 2000s. The company marketed the technology internationally in Belgium. In 2009, Vasco announced that Digipass two-factor authentication was available in the App Store for iPhone and iPod Touch. Forbes recognized Vasco on its list of "America's Fastest-Growing Tech Companies" that year.^[9][10][11]

In 2006, Vasco acquired LOGiCO Smart Card Solutions, a privately-owned company located in Austria offering smart card–based authentication and PKI solutions.^[12]

In January 2011, Vasco acquired DigiNotar, a Dutch certificate authority.^[13] In June 2011, DigiNotar was hacked and started issuing false security certificates. When the news broke, all issued certificates were cancelled and the company went bankrupt.^[14]

In 2013, Vasco announced its acquisition of the Cambridge-based technology company Cronto.^[15] The patented CrontoSign solution uses specialized color bar codes, so-called Cronto Visual Cryptograms (or photoTAN), to mitigate MITB Trojan malware.^[16]

The company established its international headquarters at Dubai Silicon Oasis in 2012. Vasco announced that it would lower EMEA channel entry for VARs at that time. It became a member of the Fast IDentity Online (FIDO) Alliance in June 2014 and was later recognized by Gartner's Magic Quadrant for User Authentication.^{[17][18][19][20]}

In 2014, the company acquired Risk IDS, Ltd., a provider of risk-based authentication solutions to the global banking community. By 2015, IDENTIKEY Risk Manager (IRM) was released as a comprehensive risk management solution to improve the methods and speed of organizations to detect fraud.^[21]

In October 2015, Vasco acquired Silanis Technology, a Canadian document e-signature company, for US$113 million. By early 2016, the company's cloud electronic signature software, eSignLive, was updated to include integration with Salesforce. Vasco announced a face recognition authentication feature for Digipass in May 2016. The company has partnerships with financial institutions including HSBC Bank USA, Fedict, Rabobank, Arab Bank and Riyadh Bank.^{[22][23][24][25][26]}

• Identity Verification: validate ID documents and consumer identities via third-party identity and verification services through a single API integration^[30]
• Authentication: authenticate users and transactions using a range of multi-factor authentication services, including hardware & software tokens and biometric capabilities^[31]
• Risk Analytics: analyze mobile, app and transaction data, in real-time, to detect fraud^[32]
• Mobile App Security: detect and mitigate malicious mobile app attacks before they can do damage^[33]
• E-Signature: enable customers to e-sign on any device, while strengthening compliance^[34]

Services are delivered through OneSpan's open, cloud-based Trusted Identity (TID) platform^[30]