OneSpan Inc. - Common Stock (OSPN)
Frequently Asked Questions About OneSpan Inc. - Common Stock (OSPN)
Does OneSpan engage in corporate social responsibility?
Yes, OneSpan engages in corporate social responsibility through various initiatives that focus on community support, environmental sustainability, and ethical governance. The company fosters a culture of accountability and strives to give back to the communities in which it operates, reflecting its values and commitment to societal well-being.
Does OneSpan offer cloud-based solutions?
Yes, OneSpan offers cloud-based solutions, which provide organizations with flexible, scalable, and secure options for managing authentication and digital transactions. Their cloud services allow clients to deploy real-time security measures without needing extensive on-premise infrastructure, thereby streamlining the implementation process.
How does OneSpan ensure compliance with regulations?
OneSpan ensures compliance with various financial and data protection regulations by integrating features in its products that help organizations meet industry standards such as PSD2, GDPR, and AML. By continuously updating their solutions and training clients about compliance requirements, OneSpan helps businesses maintain regulatory adherence while protecting user data.
How does OneSpan help prevent fraud?
OneSpan helps prevent fraud through multi-layered security solutions that include adaptive authentication, real-time fraud monitoring, and advanced analytics. These measures enable organizations to detect suspicious activity and verify user identities effectively, thereby significantly reducing the likelihood of fraud in digital transactions.
How does OneSpan innovate its products?
OneSpan innovates its products by investing in research and development and staying ahead of emerging trends in cybersecurity. The company frequently gathers feedback from customers and industry experts, iterating on its solutions and introducing new features that address evolving threats and user needs in the digital landscape.
How many employees does OneSpan have?
As of 2023, OneSpan has approximately 400 employees worldwide. The company’s workforce is composed of professionals specializing in cybersecurity, software development, sales, and customer service, all working together to deliver high-quality solutions and support to clients globally.
Is OneSpan publicly traded?
Yes, OneSpan Inc. is publicly traded on the Nasdaq Stock Market under the ticker symbol OSPN. The company went public in 1996 and has been listed on the exchange since then. Being a public company allows it to raise capital for further development and expansion of its cybersecurity solutions.
What are OneSpan’s key products?
OneSpan's key products include its Universal Authentication and Fraud Detection solutions, the eSignLive electronic signature platform, and various identity verification systems. These products work in conjunction to provide comprehensive security for digital transactions, allowing organizations to authenticate users, prevent fraud, and manage digital agreements effectively.
What does OneSpan Inc. do?
OneSpan Inc. is a global cybersecurity provider that specializes in solutions for securing digital transactions, identities, and data. The company offers a range of products including authentication, fraud prevention, and secure digital agreements, primarily aimed at financial services organizations. Through its technology, OneSpan enables secure digital transformation by ensuring that identities are verified and transactions are protected.
What has been OneSpan’s growth strategy?
OneSpan's growth strategy includes expanding its product offerings, enhancing its technological capabilities, and pursuing strategic partnerships and acquisitions. By focusing on innovation and responding to market demands, the company aims to strengthen its position as a leader in the cybersecurity sector.
What industries does OneSpan serve?
OneSpan primarily serves the financial services industry, including banks, credit unions, and insurance companies, but its solutions are also applicable in other sectors such as healthcare, government, and retail. The company provides tailored solutions that help businesses across various industries secure their digital transactions and ensure compliance with regulatory standards.
What is OneSpan's approach to cybersecurity?
OneSpan adopts a comprehensive and layered approach to cybersecurity, focusing on securing both the digital identity of users and the integrity of transactions. The company combines advanced technologies such as multi-factor authentication, biometric verification, and machine learning-based fraud detection to provide robust security solutions that mitigate risks associated with online transactions.
What is OneSpan's mission?
OneSpan's mission is to make digital transactions secure and accessible for everyone, helping businesses confidently embrace digital transformation while protecting their customers' identities and data. The company aims to build trust between organizations and their clients through innovative security solutions.
What is the significance of OneSpan's eSignLive platform?
OneSpan's eSignLive platform is significant as it provides secure electronic signature capabilities that facilitate the digital signing of documents. This solution enhances efficiency and security for businesses by allowing legally binding signatures to be obtained in a fully digital manner, which is particularly beneficial in a remote work environment.
What kind of support does OneSpan provide its customers?
OneSpan provides extensive customer support that includes technical assistance, product training, and ongoing consultation services. This support is designed to help customers effectively implement and use OneSpan's security solutions, ensuring they derive maximum value and protection from their investments.
What recent developments has OneSpan announced?
As of late 2023, OneSpan has announced advancements in its digital banking solutions, including new features for its eSignLive platform, enhancements in authentication capabilities, and partnerships with financial institutions to address the evolving cybersecurity landscape. These developments aim to streamline secure digital transformations for their customers.
What technologies does OneSpan utilize?
OneSpan utilizes a variety of advanced technologies including application-aware authentication, artificial intelligence, machine learning for fraud detection, and blockchain for transaction integrity. These technologies allow OneSpan to create sophisticated security solutions tailored to the needs of its clients.
When was OneSpan Inc. founded?
OneSpan Inc. was founded in 1991. Originally known as VASCO Data Security International, the company initially focused on developing authentication and digital security solutions. Over the decades, it has evolved to adapt to the changing landscape of cybersecurity and identity verification, eventually rebranding to OneSpan in 2018.
Where is OneSpan headquartered?
OneSpan is headquartered in Chicago, Illinois, USA. The central location in a major business hub allows the company to collaborate with various financial institutions and technology partners, facilitating growth in both domestic and international markets.
Who are OneSpan's main competitors?
OneSpan faces competition from several companies in the cybersecurity and identity verification space, including but not limited to RSA Security, Okta, and Ping Identity. These competitors also offer multi-factor authentication, secure transaction solutions, and identity management services, making it a dynamic and competitive market.
What is the current price of OneSpan Inc. - Common Stock?
The current price of OneSpan Inc. - Common Stock is 15.78
When was OneSpan Inc. - Common Stock last traded?
The last trade of OneSpan Inc. - Common Stock was at 4:00 pm EDT on May 9th, 2025
What is the market capitalization of OneSpan Inc. - Common Stock?
The market capitalization of OneSpan Inc. - Common Stock is 625.87M
How many shares of OneSpan Inc. - Common Stock are outstanding?
OneSpan Inc. - Common Stock has 39.66M shares outstanding.