EASY SOLUTIONS EARNS FUNDTECH’S PAYPLUS CERTIFICATION
DetectTA to Integrate with Fundtech’s PAYplus to Help Institutions Confidently Qualify Risk and Quickly Close Vulnerability Gaps in Wire Transactions
MIAMI, FL. – June 2, 2015 – Easy Solutions, the Total Fraud Protection® company, today announced that its transaction anomaly detection offering, DetectTA® has been certified to seamlessly integrate with Fundtech’s PAYplus, a powerful wire transfer automation and compliance solution. This technical partnership with Fundtech, a market leader in global transaction banking solutions, will provide U.S. financial institutions the ability to confidently qualify their wire transaction risk and minimize the risk of fraud in wire transactions.
“For financial institutions, having the ability to better manage fraud risk levels is always of critical importance, and our integration with PAYplus will allow them to maximize their security posture through the use of real-time threat intelligence,” said David Sylvester, Director of Partnerships and Alliances at Easy Solutions. “Our multi-layer prevention and detection approach combined with our partnership with Fundtech, will arm financial institutions across the country with an even higher degree of security.”
Easy Solutions transaction anomaly offering, DetectTA will be integrated with Fundtech’s PAYplus Connect and PAYplus USA payment platforms, triggering risk-based authentication for unsafe transactions and reducing false alerts by qualifying risk based on behavioral analytics. Financial institutions with Easy Solutions’ client-facing Detect Safe Browsing (DSB) will benefit even further due to enhanced visibility into the end-user browsing environment and the ability to detect and stop malware and related threats in real time.
As part of Easy Solutions’ Total Fraud Protection platform, DetectTA qualifies a transaction’s risk in real time, based on a heuristic profile of the user’s behavior that the product learns over time. Unlike first-generation monitoring systems which can only configure and combine rules within a single transaction channel, DetectTA behavior-based monitoring performs cross channel analysis to detect high-risk wires initiated across banking channels - call center, fax, branch, email, mobile and online.
“We are committed to providing our financial institution clients with leading anti-fraud solutions that will in turn allow them to better serve their clients," said Rhonda Bassett-Spiers, Executive Vice President, U.S. Payments, Fundtech. “We know that in marrying Easy Solutions’ DetectTA with our PAYplus platform, financial institutions will be getting the most innovative and powerful fraud prevention solution available today.”
Easy Solutions’ full range of anti-fraud security products and services are easily integrated into a financial institution’s existing security system. They include fraud intelligence, safe browsing capabilities, strong authentication, transaction monitoring and mobile fraud prevention, which are designed to deactivate attacks such as phishing, malware, man-in-the-middle and the latest varieties of sophisticated threats across the lifecycle of the fraud.
ABOUT EASY SOLUTIONS
Easy Solutions is a security vendor exclusively focused on the comprehensive detection and prevention of electronic fraud across all devices, channels and clouds. Our products range from fraud intelligence and secure browsing to multi-factor authentication and transaction anomaly detection, offering a one-stop shop for end-to-end fraud protection. The online activities of over 70 million customers at 250 leading financial services companies, security firms, retailers, airlines and other entities in the US and abroad are protected by Easy Solutions Total Fraud Protection® platform.
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