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About us

Who we are, what distinguishes us and who has already distinguished us with awards

Fraud defence in harmony with data protection

We are a young, innovative software company dedicated to fraud defence. The ICO.Fraud document forensics software we have developed combines state-of-the-art image recognition processes, a unique fraud rule set and the highest data protection standards. With our technology, we have already won many prizes such as the German Fintech Award - and, more importantly, helped many customers and their customers. With our solutions, we ensure effective fraud defence wherever the authenticity of documents is crucial. With ICO.Link, we have created a platform for data protection-compliant performance data synchronisation for insurers. And ICO.Match supports companies with data extraction for automated document processing. Thanks to our modern, AI-supported solutions, the efficiency gains of digitalisation in industries such as insurance and banking are not diminished by fraud, but benefit the honest parties involved.

Technology with scientific roots

At ICO-LUX, we have stood for customer focus and technological innovation since 2018. But we also stand for cosmopolitanism and a really good team atmosphere. In an interdisciplinary cooperation project, the founders developed innovative approaches to combat fraud in the private health insurance sector. The most promising idea - an automated image forensics solution - served as the basis for founding the company as a spin-off from Friedrich Schiller University Jena and Ilmenau University of Technology. In the meantime, we have grown and our team includes employees from a wide range of specialist areas. We successfully market our unique solutions throughout Europe.

State-of-the-art technology for sensitive data

Effective fraud prevention and data protection are often seen as contradictory. Since the beginning of our product development, we have been able to successfully demonstrate that this contradiction is a myth. Like our customers in the insurance and financial sectors, we take sensitive information extremely seriously and fulfil the highest standards of the General Data Protection Regulation (GDPR). A deep understanding of the technical requirements, coupled with technological excellence and expertise in data protection law, allows us to develop customised solutions that make both our customers' data protection officers and fraud departments happy. The GDPR compliance of our solutions has also been tested and confirmed by independent experts.

The founding team

Dr Stefan Brechtken

 

Stefan is a mathematician. He holds a doctorate in applied mathematics, but after years as a researcher he turned his back on the university to solve practical problems in his own company. At ICO-LUX, he is responsible for technical development as Product Owner and is our specialist for computer vision and information extraction. He is also a regular coffee consumption record holder.

Jan Franke

Jan studied economics, specialising in innovation economics and risk management. Because this combination fits well with start-ups, he already worked for venture capital investors as a student. In the Corporate Finance Advisory department of KPMG in Munich, he expanded his knowledge with business administration. Consequently, at ICO-LUX he is responsible for everything that can be expressed in euros. Even if he doesn't like to hear it as an economist, Jan is ‘the business economist’ in the team.

Dr Lars Winterfeld

Lars studied technical physics and business informatics. For his doctorate in computational physics, he used methods of high-performance computing. As in quantum research, document forensics also requires high-performance algorithms and exceptional programming skills - so it was not difficult for Lars to switch to self-employment. At ICO-LUX, he is also an expert in databases, data science and statistics. When Lars is not programming, he takes care of recruitment.

Prizes and awards for ICO-LUX

Our expertise in the field of innovative fraud detection not only impresses our customers - but also juries. Numerous regional and national start-up awards bear witness to this!

FinTech Award 2023

Debeka Hack Quarter 2017

Innovation Prize of Thuringia 2019

Thuringian Founder Award 2019

Any questions? 
Let's talk.

Jan Franke

+49 3641 92 90 988 jf@ico-lux.com