Breakpoint LLC

Breakpoint LLC was formed in 2006 to provide products and consulting to the financial services industry. Breakpoint specializes in helping financial institutions to bring Corporate Banking capabilities to the Web. With expertise in systems development and integration, software and hardware selection, and skills in leading and directing all phases of the enterprise-scale projects required to implement new capabilities for our clients, Breakpoint is the choice partner bringing new capabilities to the banks' online channel.

With their unique experience creating, installing, customizing and maintaining multiple commercial-banking Web platforms, Breakpoint is uniquely positioned to develop their own product offerings. Breakpoint's first products are SecureLine, a Multi-Factor security system for Web applications, and a Positive Pay system for corporate ACH payments.

As noted in recent articles in banking industry publications (examples here and here), banks are struggling to provide adequate security for their Web commercial banking applications. As regulations tighten, and as courts find banks potentially liable for losses, the importance of providing highly secure, multi-factor authentication increases. Breakpoint's Out of Band Authentication solution allows financial institutions to place enhanced security in front of their currently-deployed applications.

Moving to electronic ACH transactions from paper checks provides lower transaction costs for both the financial institution and for the business, but with the additional risk of fraudulent, unauthorized ACH transactions. With paper checks, bank customers can preview suspicious transactions and make decisions whether the check should be paid or not. Breakpoint's ACH Positive Pay system brings this capability to ACH debit transactions, allowing financial institutions to manage the risk of providing electronic payments.