How Behavioural Biometrics Can Protect Organisations and Their Customers Against Fraud -The rapid rise in digitisation, self-service onboarding and faster payments has left many banks, financial institutions and their... -
The rapid rise in digitisation, self-service onboarding and faster payments has left many banks, financial institutions and their customers at risk from fraudsters and cybercriminals. 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.
Clive has more than 25 years’ experience in multinational banking, technology and integrated financial services and has expert knowledge on exactly what solutions organisations need to implement to minimise the financial, reputational and regulatory risk to customers. While legitimate and private data can be stolen or sold on the dark web and fake or synthetic identities can be manufactured, each user exhibits consistent behavioural patterns that cannot be replicated, spoofed or stolen, regardless of the fraudsters’ methods of attack. MoData’s Behavioural Biometrics solution detects and prevents account opening and account takeover fraud by passively and continuously monitoring user behaviour from login to logout.