OneSpan | Latest News & Updates - Mar 03, 2025 Release

Duo Single Sign-On (SSO) now includes OneSpan as one of the six new named applications for enhanced security...


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OneSpan

🌎 onespan.com

OneSpan is a software development company based in Boston, Massachusetts, specializing in digital identity, authentication, and electronic signature solutions. The company aims to facilitate secure and compliant digital agreements and transactions, enhancing customer experiences through its innovative technology. OneSpan's mission is to accelerate digital transformations for enterprises by providing a comprehensive suite of security and e-signature services.


OneSpan - Latest News and Updates

  • Duo Single Sign-On (SSO) now includes OneSpan as one of the six new named applications for enhanced security.
  • OneSpan's Trust Vault integrates digital signatures with blockchain for quantum-safe proofs on Hedera.
  • OneSpan paid its first quarterly cash dividend in its history two weeks ago and plans to announce the timing of the next dividend payment with the first quarter results, expected in the second quarter of 2025.
  • OneSpan achieved record high adjusted EBITDA in Q4 2024, with significant growth in subscription revenue and operational efficiency improvements, despite a decline in hardware revenue.
  • On February 27, 2025, OneSpan reported a 31% year-over-year increase in full-year subscription revenue to $139.4 million and an 8% increase in Annual Recurring Revenue to $167.7 million for 2024.
  • OneSpan achieved $44.8 million in operating income in 2024, a significant turnaround from a $28.9 million loss in 2023, and increased cash reserves to $83.2 million by the end of 2024.
  • OneSpan will be a Gold sponsor at the 16th Banking Innovation Forum & Expo in Prague.
  • Tom Brandon has left OneSpan as Director, Sales Enablement to join Mitel as Sr. Director of Sales Enablement in the United States.
  • OneSpan will attend the 23rd e-Crime & Cybersecurity Congress in London on March 4-5 to discuss passwordless authentication and secure transaction signing.
  • OneSpan's HR team improved efficiency and reduced costs by using OneSpan Sign for eSignatures, saving an average of five minutes per signature request, according to Abby Kehe, Global HR Operations Manager.

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