Unlike traditional systems that focus primarily on sign-up processes, this new service allows for dynamic risk assessment throughout a user’s interaction with the business. Key features include session tracking, transaction screening, and advanced tools designed to detect fraudulent activities like credential stuffing or the use of remote access software. By continuously monitoring these behaviors in real-time, the platform ensures ongoing compliance while mitigating emerging threats.
Dynamic Onboarding and Risk Assessment
The system employs a method called Graduated Onboarding, which utilizes over 1,000 data signals, including behavioral biometrics and device information, to evaluate user risk. Lower-risk users can complete onboarding more smoothly, whereas higher-risk individuals are subject to increased scrutiny through additional verification steps.
Another notable feature is the use of ‘silent checks’ that help identify potential risks early in the identity verification process. This proactive approach aims to reduce false positives and enable organizations to allocate resources more effectively towards serious threats.
Unified Interface for Enhanced Efficiency
The platform’s design consolidates multiple risk management functions into a single interface, replacing fragmented tools and siloed workflows. It supports sector-specific customizations and provides easy access to third-party data providers through plug-and-play solutions. This comprehensive approach aims to streamline operations and improve overall risk management capabilities for institutions in the banking, fintech, and wagering sectors.