Transaction Analysis Module
Post Login Account Protection Against Online Fraud
Fraud Analyst’s Transaction Analysis Module provides post-login account protection that identifies and acts upon suspicious behavior associated with high-risk online banking activity such as adding a non-standard payee or changes to account information. By correlating customer login behavior with both current and previous behaviors for high-risk activity, Fraud Analyst allows financial institutions to maintain awareness at every online touchpoint and rest assured that they are providing the most comprehensive customer-lifecycle protection available. Furthermore, it protects accounts that may be compromised due to post-login attacks such as session hijacking and Trojans.
The Transaction Analysis Module allows financial institutions to track high-risk account activities such as:
- Account password reset
- Update of personal account information
- Addition of a non-standard payee
- Internal account money transfer
- Wire transfer
Should the powerful correlation tools deem a transaction to meet the high-risk criteria defined by the financial institution, further authentication can be invoked such as a soft-token or out-of-band phone authentication, and financial institutions can set pre-defined actions such as hold for further review or stop the high-risk activity in real-time.
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