Press Release

For Immediate Release: PLANO, Texas, August 28, 2026
Media Contact: Milind Borkar, info@illuma.cx

Illuma Wins 2026 Tech Titans Emerging Company Innovation Award

Company also ranks seventh on the Fast Tech list of North Texas technology companies

Dr. Milind Borkar, Founder and CEO of Illuma, with the Emerging Company Innovation Award trophy.

Illuma, the FinTech leader in Voice Security, today announced that it has won the 2026 Tech Titans Emerging Company Innovation Award and ranked seventh on the 2026 Fast Tech list of the fastest-growing technology companies in North Texas. The two honors recognize Illuma’s technology innovation and business growth as it helps financial institutions secure voice interactions.

The awards were presented on August 28, 2026, at the Dallas/Plano Marriott at Legacy Town Center in Plano, Texas. Dr. Milind Borkar, Founder and CEO of Illuma, accepted the Emerging Company Innovation Award on behalf of the company, following Illuma’s selection as one of four finalists earlier this year.

Presented by Tech Titans, the Emerging Company Innovation Award recognizes innovation through breakthrough technologies, proprietary intellectual property, and transformative applications of technology. Illuma’s recognition highlights the innovation behind IllumaSHIELD™, its Voice Security platform for financial institutions.

Illuma also earned the No. 7 position on the 2026 Fast Tech list. The annual ranking measures three-year revenue growth and draws on company nominations and independent research using publicly available information conducted by Baker Tilly and Fifth Third.

IllumaSHIELD™ combines passive voice biometrics with AI-powered fraud prevention, adaptive multi-factor authentication, deepfake detection, and Human + AI collaborative intelligence. The platform verifies trusted account holders and monitors for fraud across live-agent conversations and AI-powered self-service interactions, helping financial institutions address voice cloning and other evolving threats while reducing authentication friction.

The honors reflect Illuma’s continued focus on making advanced Voice Security accessible to financial institutions of all sizes. By helping institutions strengthen fraud defenses and simplify identity verification, Illuma supports more secure, seamless experiences for the people they serve.

About Tech Titans®

Tech Titans® is a forum that leverages the regional technology community to collaborate, share and inspire creative thinking that fuels tomorrow’s innovations. Tech Titans members include the companies and individuals that create technology as well as the people and institutions that embrace, nurture and leverage technological innovation. For more information, visit techtitans.org.

About Illuma

Illuma is the FinTech leader in Voice Security and the only CUSO dedicated to securing voice interactions for financial institutions. IllumaSHIELD™ is a comprehensive Voice Security platform that combines real-time voice authentication, fraud prevention, adaptive multi-factor authentication (MFA), deepfake detection, and Human + AI collaborative intelligence to continuously verify identity and secure every conversation. Implemented in days, IllumaSHIELD™ helps organizations reduce fraud, streamline authentication, and deliver more secure, seamless account holder experiences across contact center and self-service channels.

Illuma’s leadership in Voice Security has been recognized through multiple Best in Show and innovation awards, including Finovate, VentureTech, the CreditUnions.com Innovation Series, NACUSO’s Next Big Idea Competition, and The League of Credit Unions & Affiliates Shark Tank. For more information, visit illuma.cx.

Filed Under: Awards & Honors

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