ammune.ai and Traxion Tech Announce Strategic Partnership to Strengthen API Security in Philippine Financial Industry

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Jersey City, New Jersey, May 4, 2023–(BUSINESS WIRE)–API security leader ammune.ai (formerly L7 Defense) and fintech pioneer Traxion Tech have formed a strategic partnership to bring AI security solutions to the Philippines. built a partnership. The alliance aims to strengthen cybersecurity measures and protect the financial industry from the growing risk of AI attacks.

The financial sector faces challenges from AI attacks and requires innovative approaches to combat these threats. As open banking gains momentum, financial institutions are becoming more susceptible to cyber threats, making advanced AI and API security measures essential.

Ammune.ai’s breakthrough technology provides a reliable solution to combat AI attacks. Its API security solutions employ sophisticated artificial intelligence algorithms to identify and stop API-based cyber threats in real time, keeping your organization’s infrastructure, applications, customers, employees and partners safe from unauthorized access and cyber threats. protect from

Fintech pioneer Traxion Tech provides a secure and easy-to-use digital wallet that can be accessed anytime, anywhere. Their digital wallet is essential for banks navigating an evolving payment landscape where innovation and adaptability are essential.

Israel Gross, CRO and co-founder of ammune.ai, expressed enthusiasm for the partnership, saying the collaboration with Traxion will help financial industry organizations stay ahead of cyber threats and protect sensitive data. I was.

Ann J. Cuisia, CEO and co-founder of Traxion Tech, shared a similar sentiment, emphasizing the importance of digital wallets in enabling users to access financial services safely and conveniently. She said she is confident that ammune.ai’s cutting-edge technology will provide the best possible protection against cyberthreats.

Ammune.ai and Traxion Tech are committed to providing sophisticated cybersecurity solutions to the Philippine financial industry. Their collaboration highlights the growing importance of cybersecurity in the financial sector and the demand for out-of-the-box solutions to meet the rapidly changing threat landscape.

Tomer Heyvi, Head of Israel’s Economic Mission to the Philippines, congratulated Traxion Tech and ammune.ai on the newly established partnership. he said: ai further strengthens Israeli-Philippines cooperation in cybersecurity by providing MSMEs across the Philippines with advanced solutions and tools to protect their digital assets from advanced cybercrime. “

About Traxion Tech:

Traxion Tech is a system integration company with unique technology products. Traxion solves technical problems for financial institutions of all types and sizes by providing fintech as a service.

Website: https://traxiontech.net/

About ammune.ai:

ammune.ai Ltd. is a cybersecurity company that helps organizations protect their infrastructure, applications, customers, employees and partners from the growing risk of attacks via APIs. ammune.ai has been evaluated on ammune™, a fully autonomous AI-based API security solution.

Visit www.ammune.ai.

View source version at businesswire.com: https://www.businesswire.com/news/home/20230503006149/en/

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CMO Tomar Eisner
at tomere@l7defense.com



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