Fraudsters have stepped up their onslaught on individual banking customers, using phishing, smishing, threats of violence and traditional con artistry to steal their money. However, traditional financial services security and anti-fraud systems have limited impact when a customer authorises the transfer of all their savings to a criminal account.
While many fraud- and risk-management measures severely hamper customer experience, MoData’s AI-driven Behavioural Biometrics platform ensures that the customer experience remains seamless while delivering advanced fraud protection.