Leading Digital Banking Platform Stops Fraud in its Tracks
Our client is a leading technology company that provides a comprehensive digital banking platform. This platform comprises technology solutions that enable financial institutions and their customers to securely communicate and transact – anytime, anywhere, using any device. But this convenient, mobile-centric experience also is a prime target for cybercriminals.
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- The client’s platform provides flexible deployment options for online banking, mobile banking, and voice banking to financial institutions.
- The firm was a victim of its own success however, as fraudsters began using personally identifiable customer data and easily available tools to attack the platform.
- After deploying Arkose Labs’ solution, fraud rates dropped dramatically.