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AI-Powered Risk Management

AI-powered risk management solution with real-time threat detection for phishing protection and defense against online fraud, cyber threats and malware.

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Maximum Fraud Prevention, Smooth User Experience

HID’s advanced Risk Management Solution leverages AI, machine learning, and deep behavioral intelligence to detect and prevent digital threats while prioritizing a smooth user experience.

Financial institutions can streamline multiple software using one comprehensive solution that detects, records and analyzes users’ behavioral data — to ensure zero-day protection against fraud with the highest accuracy.

Learn more about HID Risk Management Solution

Key Benefits of Our Risk Management Solution

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Seamless Consumer Experience

Undetectable to end-users, sparing them time-consuming and unnecessary authentication steps
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90% Fewer False Positives

Eliminates time and money wasted on the investigation of false threats
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90% Reduction in Authentication Costs

Machine learning, AI-supported, risk-based adaptive authentication does not rely on costly SMS verification
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Regulation Compliant

Rules-based processes make compliance with data protection and central banking legislation easy
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70% Better Detection

Stronger than traditional fraud detection, it stops cyberattacks like phishing and zero-day malware before they happen
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Simple Deployment

A single piece of code that can connect your digital environment to the cloud or on-premise is available
Read our eBook, The Ultimate Guide to Risk Management Systems

360° Protection Against Digital Threats From a Complete Fraud Prevention Solution

Our risk management solution encapsulates multiple forms of digital fraud and threat detection methods to provide a single, complete security suite.

Online Fraud Cyber Threats Compromised Endpoints Mobile Fraud PROTECT AGAINST FEATURING User Identity Verification PSD2 Compliance Adaptive Authentication Dynamic Application Self-Protection
Read our blog post — Fighting Malware in Mobile Banking

How Precise Threat Detection Works

HID’s Risk Management Solution detects threats and stops fraud using a three-engine system that constantly analyzes and identifies behaviors, anomalies, and threats from end-users. 

Every movement, input or slight deviation from normal contributes to a constantly updating risk score, which determines with complete accuracy if the user should be allowed in. 

Low Risk Medium Risk High Risk ACCESS GRANTED ADD FACTOR ACCESS DENIED We recognize you. Enjoy a smooth transaction! We are not sure. Let’s try something else! Nice try. Access denied, fraudster. Behavior Engine Anomaly Engine HID Risk Management Solution Threat Engine
See how it works in this infographic

Backed by Innovative, AI-Powered Behavioral Intelligence Technology

HID Risk Management builds rich user profiles that combine distinct behavioral markers — like the way users click, type and swipe — with user details — such as location, device, transaction behavior – to detect risk and prevent fraudulent activity.

Combining behavioral intelligence, device intelligence and AI, our state-of-the-art method identifies fraud to the highest accuracy with fewer false positives.

See how it works in this infographic
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Security With a Simple Swipe

Complete your fraud prevention framework with integrated mobile banking security.

Powered by HID’s authentication platform, our award-winning HID Approve application prevents fraud at each stage of your customer journey and offers:

  • Secure mobile authentication for banking application log-in and transaction signing
  • Built-in protection for eWallets, online banking and mobile payments using a secure, 3D solution
  • Out-of-band communication protected by device-specific keys to secure channels
  • Asymmetric key cryptography to ensure that the person taking the digital action is authorized to do so
Learn more about the HID Authentication Platform

Easily Access Real-Time Analytics & Adjust Business Rules

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Rich Analytical Interface

Gain insights into a broad range of risk events, trends, and data visualizations through our intuitive dashboard
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Rule-Based Customizations

Tailor risk management strategies with rule-based customizations based on end-user actions
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Real-Time Data Monitoring

Real-time data processing for continuous security and threat detection, ensuring proactive risk mitigation
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Intuitive Design

Benefit from a user-friendly interface designed for simple implementation and easy navigation
Explore all the details of HID Risk Management Solution

Part of an End-to-End, Fraud-Preventing Customer Journey

From account opening and digital onboarding using AI-powered identity verification, to risk-based authentication for secure log-in and transaction signing

Explore our full fraud prevention portfolio
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Frequently Asked Questions

What is AI-powered risk management and why is it important for fraud prevention?

Risk management is the process of detecting, mitigating and analyzing risks associated with fraudulent activity. Modern solutions, such as HID Risk Management Solution, leverage cutting-edge AI, machine learning, and behavioral intelligence to analyze user behavior and detect anomalies in real time, identifying and preventing fraud before it happens.  

What types of fraud and threats does HID Risk Management Solution protect against?

HID Risk Management Solution helps to prevent authorized push payment (APP) fraud, account takeover fraud, phishing, vishing, malware, app and device hacks, mobile threats, plus other social engineering attacks. 

How does HID Risk Management Solution reduce false positives in fraud detection?

HID Risk Management Solution minimizes false positives by up to 90%, using advanced AI models and behavioral intelligence. This precision reduces unnecessary investigations and operational costs, saving time and resources for financial institutions. 

What makes HID’s Risk Management Solution the best choice for banks and financial services providers?

HID’s Risk Management Solution combines robust security features into a single, flexible platform. It enables seamless compliance with Open Banking and payment directives such as PSD2, advanced risk-based authentication, threat mitigation and real-time analytics, all tailored to address the complex challenges of banks and financial services providers. 

How easy is it to implement HID’s Risk Management Solution in my business?

HID Risk Management Solution is designed for quick and simple deployment. A single line of code connects your digital systems to our platform, which supports both cloud and on-premise configurations. This ensures a fast, hassle-free setup process. 

What is behavioral intelligence, and how does HID Risk Management Solution use it to detect fraud?

Behavioral intelligence involves analyzing user actions, such as typing patterns, swipe gestures, and transaction habits, to build rich user profiles. HID Risk Management Solution combines this data with device intelligence and location analysis to detect subtle signs of fraudulent activity with unmatched accuracy. 

How does HID’s Risk Management Solution help businesses comply with PSD2, PSD3 and other regulations or directives?

HID RMS simplifies regulatory compliance with features like real-time transaction monitoring, transaction risk analysis, and automated security measures. It helps financial services providers and banks adherence to PSD2, data protection laws, and other global regulatory standards. 

How does HID Risk Management Solution support risk-based authentication?

When paired with the HID Authentication Platform portfolio, HID’s Risk Management Solution evaluates user behavior, anomalies, and threats to classify access attempts as low, medium, or high risk. Based on the risk level, it either grants access, requires additional verification, or denies access to prevent bad actors without sacrificing experience for legitimate users. 

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The Ultimate Guide to Risk Management Systems

Discover how to combat threats while maintaining a great user experience with the HID Fraud Prevention system​.

Read the ebook
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KuppingerCole Executive View on HID's Global Fraud Prevention Offering

An unbiased analysis of the strengths and weaknesses of HID's Risk Management Solution, Identity Verification System and HID's mobile push authentication solution, HID Approve™.

Read the report

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