Announcement
Wibmo, a PayU‑owned full‑stack PayTech provider, was announced as the winner of the Best Digital Banking Security Practices sub‑category under the Excellence in Banking Tech category at the Global Fintech Awards 2026. The award ceremony took place in Mumbai, Maharashtra, India, as reported by NewsVoir.
Product Recognized
The accolade was granted to Wibmo’s Intelligent Authentication Suite (IAS), which incorporates Risk‑Based Authentication (RBA) Step‑Up Authentication. This capability enables banks to trigger additional verification only when risk indicators exceed predefined thresholds, allowing low‑risk transactions to proceed with minimal friction while safeguarding higher‑risk payments in real time. The suite combines authentication and real‑time risk assessment to deliver secure, seamless digital payment journeys.
CEO Comment
Commenting on the win, Shailesh Paul, Chief Executive Officer of Wibmo, stated: “This recognition at the Global Fintech Awards 2026 underscores the immediate case for strong risk intelligence in authentication. Wibmo's RBA‑based Step‑Up Authentication helps banks strengthen digital payment security through risk‑aware authentication by stepping up transaction authentication when needed and in real‑time. Security is central to building trust in our evolving payments landscape, and this achievement reflects the dedication of our teams, the confidence of banks and our commitment to advancing innovation across digital payments.”
Company Overview
Wibmo operates across India, the United States and Indonesia, positioning itself as a global full‑stack PayTech company and a leading provider of payment security solutions in emerging markets. It is described as India’s largest authentication service provider and offers a broad portfolio that includes fraud and risk management solutions, digital financial services, prepaid products, and merchant‑acquiring services. For further information, the company directs readers to its website at wibmo.com.