Risk analytics and advanced authentication models are designed to take down the fraudsters, enrich the customer experience and yield higher fraud benefit and profit. Revathi Subramanian
, Senior Vice President of Data Science , CA Technologies
A leading provider of banking and financial services with a significant global footprint. The organization offers a range of banking products and financial services to personal, commercial and corporate and institutional customers worldwide.
Stopping fraudulent online payment transactions while delivering a smooth checkout experience for legitimate customers. Implementation needed to be quick without requiring additional internal IT resources at the bank.
A secure, frictionless checkout experience for legitimate cardholders with CA Technologies “zero-touch” 3D Secure authentication solution. This first line of defense reduces card-not-present fraud using advanced models to identify legitimate transactions.
The bank has detected a significantly higher number of fraud cases while impacting a smaller portion of legitimate transactions by utilizing the model scoring. This has resulted in dramatically lower abandonment rates and significantly decreased operational cost.