Trustmi’s mission is to eliminate socially engineered attacks that target individuals and lead to fraudulent payments. The company aims to secure transactions through real-time verification, AI-driven fraud detection, and complete payment visibility. Trustmi’s core objective is to empower businesses to secure their vendor payments without disrupting existing workflows. The company provides an end-to-end payment security platform designed to protect organizations’ funds from cyber-attacks, internal collusion, and human error.
Trustmi is recognized as a leader in social engineering fraud prevention. The company’s platform is designed to be flexible and modular, allowing businesses to use only the tools they need to secure their payment processes. Trustmi is trusted by global businesses and Fortune 500 companies. User reviews often praise the platform’s ease of integration, the effectiveness of its security enhancements, and the quality of its customer support.
Offerings, Capabilities, and Integrations
Trustmi provides an end-to-end payment security platform designed to protect businesses from financial losses resulting from cyberattacks, internal collusion, and human error. Its core offering is a Behavioral AI solution that analyzes user behavior and payment patterns in real-time to detect anomalies and prevent fraud. This technology gives Trustmi a competitive edge by moving beyond traditional security measures to address the human element exploited in social engineering attacks. The platform’s flexible and modular design allows businesses to use only the tools they need, ensuring seamless integration with existing payment ecosystems and workflows without disrupting operations. Trustmi also utilizes a Trust Network, which leverages crowd-sourced data from numerous vendors and businesses to identify vulnerabilities and enhance protection.
Products and Services
Trustmi’s offerings are centered around its comprehensive payment security platform, which includes several key products and services:
- Behavioral AI Platform: This is Trustmi’s flagship product. It uses artificial intelligence to monitor and analyze data across emails, payments, and vendors to detect and prevent fraudulent activities and human errors. It provides a contextual risk score by analyzing three data layers: vendor, employee/user, and payment fingerprint.
- Behavioral AI Email Security: This service focuses on identifying and neutralizing threats within email communications, a common vector for social engineering attacks.
- Behavioral AI Payment Security: This product provides real-time protection for the entire payment process, identifying deviations and anomalies to stop unauthorized transactions.
- Payment Flows: An enhanced module that provides end-to-end visibility into the payment approval workflow. It helps detect and prevent human errors such as duplicate payments, data entry mistakes, and incorrect payments, while also streamlining the process.
- Vendor Onboarding and Management: This service secures the process of adding and managing vendors, which includes capabilities like bank account validation to prevent fraud from the outset.
Target Customers
Trustmi’s target customers are primarily enterprise-level businesses, particularly those in sectors where financial security is critical. This includes companies in finance, fintech, e-commerce, SaaS, and healthcare. The platform is specifically designed for use by security and finance teams, including finance practitioners, executives, treasurers, and accounts payable personnel who have access to funds and are often the targets of social engineering attacks. These customers benefit from Trustmi’s products by gaining full visibility and control over their payment processes, which helps them avoid significant financial losses, reduce manual errors, and ensure compliance. The platform’s ability to automate payment security and streamline workflows allows finance teams to operate with greater efficiency and confidence.
Cloud Integrations and Marketplaces
Trustmi provides integrations that connect its platform with a customer’s existing workflows and payment ecosystem. The primary focus of its integrations is to connect with financial and communication systems to provide end-to-end payment security. Trustmi’s platform pulls and correlates data from these various systems to detect anomalies and prevent fraud.
- Financial and Payment Systems: Trustmi integrates with a company’s payment ecosystem to automate payment security, validate transactions in real-time, and analyze payment data. This allows Trustmi to automate payment run verification, validation, and approvals.
- Communication Channels: Trustmi connects with communication tools such as email to analyze patterns, detect sophisticated social engineering tactics, and identify anomalies within the payment process.
Trustmi does not have a listed presence on the AWS Marketplace, Microsoft Azure Marketplace, or Google Cloud Marketplace.
Key People
- Co-Founder & CEO: Shai Gabay
- Co-Founder & CTO: Eli Ben Nun
- SVP WW Sales: Mike Guglielmi
- VP R&D: Einat Glik
- VP of Finance: Tali Landau Ofer
Key Facts
- Headquarters Location: Tel Aviv, Israel, with an office in New York City.
- Number of Employees: 11-50.
- Annual Revenue: Approximately $8.1 million.
- Parent Company: None.
- Subsidiary Companies: None.
- Publicly Listed: No.
Analyst Recognition
Based on available information, Trustmi is not currently featured in technology categories or reports by the analyst groups Gartner, Forrester, IDC, or Everest Group.
