SOLUTIONS
Fraud Prevention
One cohesive solution with real-time threat detection that significantly decreases the risk of bank fraud.
Maximum Fraud Prevention, Smooth User Experience
HID’s cutting-edge Risk Management Solution is powered by an artificial intelligence (AI) system optimized to ensure a frictionless user experience and detect digital threats.
Financial institutions can streamline multiple software using one comprehensive solution that detects, records and analyzes users' behavioral biometrics — to confirm accurate identity verification and minimize vulnerabilities.
Key Benefits of Risk Management
Seamless Consumer Experience
Undetectable to end-users, sparing them time-consuming and unnecessary authentication steps
90% Fewer False Positives
Eliminates time and money wasted on the investigation of false threats
90% Reduction in Authentication Costs
Machine learning, AI-supported, risk-based adaptive authentication does not rely on costly SMS verification
Regulation Compliant
Rules-based processes make compliance with data protection and central banking legislation easy
70% Better Detection
Stronger than traditional fraud detection, it stops cyber attacks like phishing and zero-day malware before they happen
Simple Deployment
A single piece of code can connect your digital environment to the cloud or on-premise is available
Complete Protection From Digital Threats
Our solution encapsulates multiple forms of fraud and threat detection methods to provide a single, complete security suite.
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.
Security With a Simple Swipe
Prevent fraud by taking your mobile first strategy to the next level, where security and usability are fully aligned with:
- A secure, 3D solution utilizing better built-in protection for eWallets, online banking and mobile payments
- Channels that can be secured using out-of-band communication protected by device-specific keys
- The assurance that the person taking the digital action is the person authorized to do so using asymmetric key cryptography
Easily Access Analytics & Adjust Business Rules
- A rich analytical interface for viewing information — View a broad range of risk events, trends and data visualizations
- Rule-based customizations — Create custom business rules based on yes/no end-user actions
- Real-time data — Provides constant security and threat detection
- An intuitive and logical design — Simple implementation and layout make it useful for everyone
Adaptive Authentication
Ensure a seamlessly adaptive, end-to-end customer journey with an easily scalable authentication platform available as a service in the cloud or on-premise.
