Inpixon Selected by Finance Factors to Protect Consumer Data and Privacy
Leading Financial Services Firm Will Deploy Inpixon Indoor Positioning Analytics to Mitigate Threats from Rogue Devices, Network Compromise and Data Theft
PALO ALTO, Calif.--(BUSINESS WIRE)-- Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today announced Finance Factors, Hawaii’s largest locally-owned depository financial services loan company specializing in residential and commercial real estate loans, will adopt Inpixon’s Indoor Positioning Analytics (IPA) to maintain the security and privacy of Finance Factor’s customer data and better secure its wireless environment.
“Consumer and enterprise data are more at risk than ever, with cybercriminals exploiting every point of entry as a means to infiltrate and steal information,” said Nadir Ali, CEO of Inpixon. “Financial services firms handle some of our most sensitive and personal information – making them extremely lucrative targets. We look forward to helping Finance Factors instill a more secure and robust security defense system and continue our momentum as we break through to thousands of community banks in the US and worldwide.”
Inpixon IPA is the first positioning system designed to create a security dome to deliver full scope real-time location and monitoring of all mobile devices – including cellular, Wi-Fi and Bluetooth – from a single security dashboard. The Inpixon IPA solution surveils movements and activities of both known and unknown devices, sending alerts in real time while tracking those devices on a floor plan view. The addition of Inpixon IPA will enable Finance Factors to integrate more comprehensive protection of customers’ critical financial and personal information that might otherwise be vulnerable over the wireless network.
“We earn our customers’ trust by continuously investing in technologies that improve our security posture,” said Benson Choo, SVP & Manager, Information Systems & Technology at Finance Factors. “We’re thrilled to select Inpixon’s cutting-edge technology and analytics solution to enable our business to operate more optimally and securely.”
About Inpixon
Inpixon (NASDAQ: INPX) is a leader in Indoor
Positioning and Data Analytics. Inpixon sensors are designed to find all
accessible cellular, Wi-Fi, and Bluetooth devices anonymously. Paired
with a high performance, data analytics platform this technology
delivers visibility, security, and business intelligence on any
commercial or government premises world-wide. Inpixon’s products,
infrastructure solutions, and professional services group help customers
take advantage of mobile, big data, analytics, and the Internet of
Things (IoT) to uncover the untold stories of the indoors. For the
latest insight on Indoor Positioning and Data Analytics,
follow Inpixon on LinkedIn and @InpixonHQ on Twitter.
About Finance Factors
Finance Factors has been providing
financial services in Hawaii for more than 60 years. Started in 1952 by
several island families, the company has grown from a small local
enterprise that pioneered personal loans for Hawaii’s families, into
Hawaii’s largest locally-owned depository financial services loan
company. Finance Factors (NMLS #449916) specializes in residential loans
for purchase, refinance, cash-out, and home equity, as well as
commercial real estate loans. Finance Factors also offers some of the
best rates on certificates of deposit and savings accounts, with
deposits insured by the FDIC.
Safe Harbor Statement
All statements in this release that
are not based on historical fact are “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of 1995 and
the provisions of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
While management has based any forward-looking statements included in
this release on its current expectations, the information on which such
expectations were based may change. These forward-looking statements
rely on a number of assumptions concerning future events and are subject
to a number of risks, uncertainties and other factors, many of which are
outside of the control of Inpixon and its subsidiaries, which could
cause actual results to materially differ from such statements. Such
risks, uncertainties, and other factors include, but are not limited to,
the fluctuation of global economic conditions, the performance of
management and employees, the Company’s ability to obtain financing,
competition, general economic conditions and other factors that are
detailed in the Company’s periodic and current reports available for
review at www.sec.gov.
Furthermore, we operate in a highly competitive and rapidly changing
environment where new and unanticipated risks may arise. Accordingly,
investors should not place any reliance on forward-looking statements as
a prediction of actual results. We disclaim any intention to, and
undertake no obligation to, update or revise forward-looking statements.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170612005222/en/
Inpixon Investor Relations:
CorProminence LLC
Scott Arnold, +1
516-222-2560
Managing Director
www.corprominence.com
or
Inpixon
Media Contact:
PAN Communications
Hilary Katulak, +1
617-502-4347
hkatulak@pancomm.com
Source: Inpixon
Released June 12, 2017