Talk:Enigma Technologies

External links modified

Hello fellow Wikipedians,

I have just modified one external link on Enigma.io. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:

• Added archive https://web.archive.org/web/20160513115117/http://enigma.io/parsekit/ to http://enigma.io/parsekit/

When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs.

This message was posted before February 2018. After February 2018, "External links modified" talk page sections are no longer generated or monitored by InternetArchiveBot. No special action is required regarding these talk page notices, other than regular verification using the archive tool instructions below. Editors have permission to delete these "External links modified" talk page sections if they want to de-clutter talk pages, but see the RfC before doing mass systematic removals. This message is updated dynamically through the template {{source check}} (last update: 5 June 2024).

• If you have discovered URLs which were erroneously considered dead by the bot, you can report them with this tool.
• If you found an error with any archives or the URLs themselves, you can fix them with this tool.

Cheers.—InternetArchiveBot (Report bug) 09:25, 21 September 2017 (UTC)

Contested deletion

This page is not unambiguously promotional, because the content of the article is cited from reputable news sources such as The New York Times. Th subject of the article clearly demonstrates notoriety. If an administrator has issues with the page as written, those specific instances should be flagged or edited rather than nominating the page for deletion. As noted in WP:DINC, “If an article on a notable subject can be improved through normal editing, do not put it through a deletion discussion.” --92.237.183.144 (talk) 21:31, 12 August 2018 (UTC)

This page needs a substantial update

Enigma has closed Enigma Public and shifted their focus to small business data. I've made some updates, but more needs to be done to reflect this change.

I was only able to find a Hacker News post that reflected the shutdown of Enigma Public, but I also verified it through their website. — Preceding unsigned comment added by 2601:1C2:1380:4B30:B4C3:1E4D:6BA5:48D0 (talk) 22:34, 31 March 2020 (UTC)

Edit Requests for outdated article (COI Disclosure)

Disclosure: I'm employed by Enigma Technologies. Most of my wiki contributions are over on Wikidata, but I've been frustrated that this page is basically a time capsule from 2018. The lede is about a product we shut down in 2020, and even back then another editor flagged that it needed a refresh. I previously fixed a one-character typo in the website URL without disclosing my affiliation; noting that now for transparency. I also used a LLM to refresh my memory of Wikipedia's COI and sourcing policies. The source research and writing here is my own.

I'd love it if an editor without a WP:COI would consider some of these changes. Everything below is sourced to independent publications, and I've broken it into separate items that can be evaluated independently.

Extended content

Infobox corrections

A few things in the infobox are stale:

• BB&T: Listed as a key investor/customer, but BB&T merged into Truist Financial in 2019. Suggest replacing with "Truist Financial" per American Banker . Proposed infobox change: BB&T → Truist Financial

• Board members: The infobox lists Scott Sandel (NEA), Ben Narasin, and Andrew Cleland (Comcast Ventures). This dates from 2018 Series C coverage and the board composition's changed since then. However, as there's no independent source confirming the current board, I'd suggest removing individual board member names and just retaining the co-founders. Proposed infobox change: Key People field → Hicham Oudghiri (CEO, co-founder), Marc DaCosta (Chairman, co-founder)

• Employee count: Listed as 145. Built In's 2024 Best Startups listing reports approximately 71 . Proposed infobox change: 145 → ~71 (2024)

Lede

The opening sentence says we're "mainly known for Enigma Public, a now defunct library of public data." That product was shut down in 2020. Leading with it isn't really accurate anymore.

The Washington Post actually described us pretty well in their 2024 sanctions investigation: "a data and entity resolution company that specializes in sanctions screening and business intelligence" . Forbes had us as building "a real-time data map of the global economy" back in 2019 . And PYMNTS covered our KYB (Know Your Business) verification platform launch in 2023 .

It would help to get the lede to something like "Enigma Technologies is a New York-based data and entity resolution company specializing in sanctions screening and business intelligence for financial services." Open to better wording, just want to get it out of the 2018 framing.

Products section

The Products section describes ParseKit, Concourse, and a Python SDK. None of these exist anymore.

What we actually do now is KYB, or Know Your Business verification. PYMNTS covered the platform launch in 2023 . Under the hood it's an entity resolution knowledge graph that Forbes profiled in 2019 . We also do sanctions screening, which is what the Washington Post used our data for in their "Money War" series (cited above in the Lede section).

The customer list also names BB&T (see Infobox corrections above). American Banker confirmed Truist, American Express, and Capital One as current customers in 2022 .

Not proposing specific product copy, just gathering the sources in one place, if you think this section needs a rewrite.

Rebalance Enigma Public / Enigma Labs sections

Not suggesting these be removed. The sourcing is solid and they're part of the company's history. But between them they take up roughly 60% of the article, and both describe things that no longer exist. Enigma Public was deactivated in 2020; the Labs projects (Smoke Signals, the shutdown calculator) were one-offs from 2013-2019.

Per WP:WEIGHT, condensing each to a paragraph within a "History" section seems more proportional than having them as standalone sections that dominate the page.

Post-2019 developments

The article's history effectively stops in 2018. Here's what's been covered since, including some negative developments I'm including for completeness:

• COVID-19 impact (2020): Crain's New York Business reported that sales "could soon fall as much as 50%" . The Center for an Urban Future, an independent NYC think tank, reported that "Enigma has had to lay off about a third of its workforce" .

• Prime spinoff (2022): The company spun off a lending platform called Prime, backed by $49M from Capital One, Customers Bancorp, NEA, and Third Point. Covered by American Banker and Venture Capital Journal .

• Data used in academic research (2024): A paper in the Journal of Finance used Enigma's credit and debit card transaction data to study racial disparities in PPP lending, analyzing 813,812 recipients. The acknowledgments thank CEO Hicham Oudghiri and advisor Karen Mills by name. Published version: . NBER working paper (preprint): .

• Data used in Washington Post investigation (2024)': The Washington Posts multi-part "Money War" investigation on U.S. sanctions policy, which won the 2025 Gerald Loeb Award for International reporting , credits Enigma as the data source for 30 years of OFAC records. Two articles in the series name Enigma directly: and .

• Forbes Fintech 50 (2019): The article mentions the 2018 Fintech 50 appearance but not 2019. Enigma was named to the list in both consecutive years. Forbes 2019: .

A note on disambiguation

Heads up for editors watching this page: in July 2025, a company called Sphinx acquired "Enigma International," a Fairfax, VA defense contractor specializing in cyber operations and foreign language translation. Washington Technology and GovCon Wire both covered it. That is a completely different company from Enigma Technologies (enigma.com).

E1presidente (talk) 19:11, 30 March 2026 (UTC)

Reply 26-MAY-2026

  Unable to review  

• Your edit request could not be reviewed because the provided references are not formatted correctly. The citation style predominantly used by the Enigma Technologies article is Citation Style 1 (CS1). The citation style used in the edit request consists of bare URL's. Any requested edit of yours which may be implemented will need to resemble the current style already in use in the article – in this case, CS1. (See WP:CITEVAR.) In the extended section below titled Citation style, I have illustrated two examples: one showing how the edit request was submitted, and another showing how requests should be submitted in the future:

Citation style

Bare URL reference formatting:

The Sun's diameter is 864,337 miles, while the Moon's diameter is 2,159 miles. The Sun's temperature is 5,778 Kelvin.

References

---

1. https://www.booksource.com
2. http://www.journalsource.com
3. http://www.websource.com

In the example above there are three URL's provided with the claim statements, but these URL's have not been placed using Citation Style 1, which is the style predominantly used by the Enigma Technologies article. Using that style, the WikiFormatted text should resemble the following:

Citation Style 1 formatting:

The Sun's diameter is 864,337 miles,<ref>{{cite book|last1=Sjöblad|first1=Tristan|title=The Sun|url=http://www.booksource.com|publisher=Academic Press|date=2020|page=1}}</ref> while the Moon's diameter is 2,159 miles.<ref>{{cite journal|last1=Harinath|first1=Prisha|title=Size of the Moon|journal=Science|issue=78|volume=51|url=http://www.journalsource.com|date=2020|page=46}}</ref> The Sun's temperature is 5,778 Kelvin.<ref>{{cite web|last1=Uemura|first1=Shu|title=The Sun's Heat|url=http://www.websource.com|publisher=Academic Press|date=2020|page=2}}</ref>

Which displays as:

The Sun's diameter is 864,337 miles, while the Moon's diameter is 2,159 miles. The Sun's temperature is 5,778 Kelvin.

References

---

In the example above the references have been formatted according to Citation Style 1, which shows the author, the source's name, date, etc., all information which is lost when only the links are provided. As Wikipedia is a volunteer project, edit requests such as yours are generally expected to have this formatting done before the request is submitted for review.

• Kindly resubmit the edit request below at your earliest convenience, taking care to ensure that it makes use of CS1. If you have any questions about this formatting please don't hesitate to ask myself or another editor. Regards,  Spintendo  13:47, 26 May 2026 (UTC)

References

COI edit request (part 1 of 3): lede

@Spintendo: Thanks for your review in May. I'm following up on the request above by E1presidente, a colleague at Enigma, with citations now in CS1. I'm splitting it into smaller requests; this is part 1. Disclosure: I'm paid by Enigma (see my user page). I used an AI assistant to help find sources and format citations, and I checked each claim against its source.

1. Lede

Request: Replace the first two paragraphs of the article (from "Enigma Technologies, Inc., is a data science and AI company..." through "...including American Express, ADP, BB&T, Celgene, Merck, and PayPal.") with:

Enigma Technologies, Inc. is an American data company based in New York City. The company uses entity resolution to link public and private data from thousands of sources into records about businesses. Its data is used in automated systems, including AI agents, for know-your-business (KYB) verification, risk assessment and underwriting, payments, sanctions screening, and sales and marketing. In its early years, the company was best known for Enigma Public, a free online library of public data.

Reason: The current lede leads with Enigma Public, which was deactivated in March 2020 (cited in the article body), and lists customers from a 2015 source (BB&T has since merged into Truist; Celgene was acquired in 2019). The proposed text reflects independent coverage from 2019 to 2026 and removes two press-release citations and a self-published "About us" citation. The payments item cites Enigma's own site for a basic product description; I couldn't find independent coverage and am fine with it being removed if you prefer.

2. Infobox founding year

• Current: founded = 2012 (2012)
• Proposed: founded = 2011 (2011)
• Reason: Independent sources give 2011, and the article's categories already say 2011.

References

Jlevin1018 (talk) 23:01, 25 September 2026 (UTC)

COI edit request (part 2 of 3): history since 2018

This is part 2 of 3, following part 1 above. Disclosure: I'm paid by Enigma (see my user page). I used an AI assistant to help find sources and format citations, and I checked each claim against its source.

1. Remove outdated sentence

In the History section, please remove: "The company currently has more than 100 employees and is headquartered in NYC's Silicon Alley."

Reason: The employee count is out of date, and its only citation is Enigma's own "About us" page, which part 1 proposes removing from the lede (where that reference is defined).

2. Add history since 2018

Please add the following at the end of the History section, after the paragraph beginning "In September 2018, Enigma announced $95 million in new funds...":

In January 2022, Enigma spun off Prime, a small-business lending platform that raised $49 million from Customers Bancorp, Capital One, Third Point Ventures and New Enterprise Associates. At the time, Enigma's customers included American Express, Truist Financial and Capital One.

In March 2023, Enigma partnered with Noble, a credit underwriting and decisioning platform, to supply small-business financial data, including revenue and revenue growth, for lenders' risk assessment and underwriting.

In October 2023, the company launched a know-your-business (KYB) verification product that checks business registration filings and sanctions watchlists.

In July 2026, Enigma and the identity-verification company Proof launched Business Certificates, credentials that link a verified business identity to the people and AI agents authorized to act on its behalf. Enigma supplies data on more than 100 million U.S. legal entities for the program.

Reason: The History section currently ends in 2018. These additions are sourced to independent coverage.

References

~2026-52005-02 (talk) 13:56, 27 September 2026 (UTC)