Proactive approach to fighting evolving fraud threat

Challenges

• Protect bank customers from Authorised Push Payment fraud
• Combat increasingly sophisticated impersonation fraud Reduce compensation costs

Solution

• Collect real-time data from mobile networks
• Use algorithms and mobile intelligence to identify irregular behaviours
• Detection adapts as fraud threats evolve

Results

• Reduced fraud losses between 30-40% with a decrease in false positives by up to 55%
• Provides real-time analysis of irregular behaviour
• Protects customer accounts and data