Financial service firms are highly targeted by sophisticated criminals. From small institutions to large banks, customers want the convenience of online banking with assurance that their online experience will be safe. Fraudsters can gain access by using stolen credentials to gain access to a customer’s account, or create new accounts (account origination) to apply for credit cards, or bank and trading accounts including loans for autos, mortgages and education. Financial services firms typically adopt a layered fraud approach to fraud prevention that employs multiple transaction verification methods including fraud transaction verification, authentication, and fraud detection.
Top ThreatMetrix Benefits
- Use device intelligence to group transactions from a single computer over multiple visits to your website, or group transactions by characteristics such as the ISP and location.
- Save time and money: verify customers, authorize transactions and authenticate users
- See risk in the global context using the ThreatMetrix Fraud Network of worldwide devices and web transactions
- Flexible risk engine with customizable risk scoring optimized for social networks
