Tag: modern applications

Startups know firsthand how better technology can improve the quality of life: From AI/ML allowing scientists to better predict patient health outcomes, to cloud computing driving life-saving innovation, and modern apps enhancing accessibility. Fraud.net is one such startup improving quality of life. They use AWS technology to give customers in the banking and fintech industries a serverless modern application that uses artificial intelligence and machine learning to rapidly identify fraud, leading to more efficient operations and higher customer satisfaction.

Back in 2005, Roustem Karimov and Dave Teare were web consultants helping others build e-commerce sites when they started a side project to help keep track of all the different passwords needed for work. At the time, Roustem recalls thinking the opportunity would be a temporary diversion. But it became clear shortly after they finished building the product and put a purchase form up that Roustem and Dave wouldn’t be returning to their day jobs any time soon. Read on to learn how the choice to double down on their idea lead 1Password to a $2 billion valuation.