EASY SOLUTIONS SIGNS MULTI-MILLION DOLLAR DEAL WITH ONE OF WORLD’S TOP 20 BANKS
Easy Solutions Beats Out Stiff Competition to Provide DetectTA to Major Financial Institution
MIAMI, FL – June 21, 2016 – Easy Solutions, the Total Fraud Protection® company, announced today that it has signed a deal to provide DetectTA® real-time transaction anomaly detection and fraud protection solution to one of the world’s largest banks. The company will provide the bank’s customers with greater fraud protection thanks to DetectTA’s ability to qualify transactions’ risk based on the unique behavioral pattern of the user.
“Financial institutions have been forced to embrace the power of digital transactional channels to remain competitive, but not without facing the inevitable: increased electronic fraud. As a result, banks around the world are making their anti-fraud strategy and operation mission critical to their core business,” said Ricardo Villadiego, Founder & CEO. “This deal is a testament to the importance banks are giving to minimizing fraud risk as well as the strength of Easy Solutions’ leadership in the fraud prevention market.”
Easy Solutions’ DetectTA® identifies and reports suspicious login and transaction events by leveraging advanced behavioral analytics. The flagship offering detects sophisticated fraud schemes that could bypass rule-based systems. The solution’s out-of-the-box configuration enables companies to start seeing results from day one. Historical information about past user transactions can be fed into DetectTA’s heuristic engine, allowing it to immediately begin forming user profiles and find anomalies. Among the highlights are:
> Learns user behavior to give an instant risk evaluation.
> Stay ahead of FFIEC compliance and other local regulations with cross-channel transaction anomaly detection.
> Enables risk-based authentication and multi-layered protection when combined with DetectID.
> Completely integrated and customizable case management and reporting capabilities.
> Customized rules at the end-user and institutional level.
> Multi-channel support for detecting irregular debit, credit and non-financial transactions wherever they happen.
> Suspicious Activity Analyzers that detect transaction patterns linked to money laundering, card cloning, suspect event correlation and more.
ABOUT EASY SOLUTIONS
Easy Solutions is a leading security vendor focused on the comprehensive detection and prevention of electronic fraud across all devices, channels and clouds. Our products range from anti-phishing and secure browsing to multifactor authentication and transaction anomaly detection, offering a one-stop shop for multiple fraud prevention services. The online activities of over 85 million customers 320 leading financial services companies, security firms, retailers, airlines and other entities all over the world are protected by Easy Solutions fraud prevention systems.
United States: 8550 N.W. 33 Street, Miami FL 33122. Phone: 1 (866) 524 4782
Latin America: Cra. 13A No. 98 – 21 Of. 401. Bogota, Colombia. Phone: +57 1 – 742 5570
EMEA: Parkshot House, 5 Kew Road, Richmond, TW9 2PR. Tel. +44 (0) 7917-798861
Kari Walker for Easy Solutions