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On-Demand Webinar

Financial Services:

Ensuring a Strong Digital Fraud Detection Strategy in 2023

 
 

In today’s digital economy, it has never been so easy to connect online; from applying for a loan, booking travel, to making a one-click payment.

 

Unfortunately, as our online activities surge, so too do fraudulent schemes.

 

In the past 12 months, one in four APAC consumers have fallen victim to fraud.


Within the financial services sector, fraud runs particularly rife. Unfortunately, according to the Global Banking Fraud Survey, over half of respondents recover less than 25% of their fraud losses.

 

As we start the new year, a strong digital fraud detection strategy is paramount.


Watch this on-demand webinar with Scott Albin, Demyst and Nicholas Stipp, Ekata. Our experts will deep dive into: 

  • Emerging fraud trends across APAC within the financial services industry; from sophisticated synthetic identity theft to bot attacks, promo abuse, and account takeover
  • What fraud trends to expect in 2023
  • Best practices for ensuring a strong digital fraud strategy 
 

Made possible by the proprietary
Ekata Identity Engine™

 

Sophisticated data science and machine learning, the Ekata Identity Engine combines two proprietary datasets, the Ekata Identity Graph and the Ekata Identity Network. These datasets are built around core identity attributes that are transformed into unique and valuable insights that allows businesses to accurately make risk decisions about their customers.

 
SEE HOW IT WORKS
 

Join 2000+ secure customers

 

 

Key Benefits

 
 

Improve Approval Rates

 

Verify more legitimate interactions to grow and retain your customer base.

Reduce Chargebacks


Catch more fraud to protect your bottom line.

Optimise Manual Review Queues


Make faster risk decisions and approve more good transactions.

Avoid Lost Revenue


Decline the fraudulent transactions while approving more good customers.

 

Award Winning Global Identity Verification Solutions

 



120%
Retention




2,000
Satisfied Customers

 



238
Countries and Territories




200M
Monthly Anonymous Queries


 

About Ekata

 

Ekata Inc., a Mastercard company, empowers businesses to enable frictionless experiences and combat fraud worldwide. Our identity verification solutions are powered by the Ekata Identity Engine, which combines sophisticated data science and machine learning to help businesses make quick and accurate risk decisions about their customers. Using Ekata’s solutions, businesses can validate customers’ identities and assess risk seamlessly and securely while preserving privacy. Our solutions empower more than 2,000 businesses and partners to combat cyberfraud and enable an inclusive, frictionless experience for customers in over 230 countries and territories.

 
 

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