Stop increasingly complex scams from crippling your organization.
Solutions | Scam prevention.
Stop increasingly complex scams from crippling your organization.
Solutions | Scam prevention
- $1.03 trillionStolen by scammers in 2024 – Global Anti-Scam Alliance
- $7.6 billionExpected APP fraud losses by 2028 – ACI Worldwide
- £275 millionKnown fraud currently defeating existing defenses – ACI Worldwide
- 99%Social engineering scams
Average reduction in phishing attempts in under 11 months. - 66%Account takeover fraud
Average reduction in ATO fraud within 90 days for U.S. regional banks. - ZeroP2P & real-time payment fraud
Average reduction of 90% and up to 100% for credit unions.
- 90%Authorized push payment fraud
The average reduction in APP fraud losses for a large U.S. bank. - 100%OTP phishing & SIM-swap fraud
Eliminated by replacing OTPs with push notifications. - Frictionless scam prevention
With Context Aware™ Authentication
Entersekt’s scam prevention solution allows FIs to achieve long-term financial growth through increased revenue, efficient investigations, effective risk management, and adherence to compliance, ensuring customer retention and trust. Case studies show an expected return on investment in less than six months.
We leverage advanced analytics and contextual data to accurately assess risk, minimizing false positives. Validated by double-digit fraud reduction rates, our authentication methods are dynamically applied based on user preference, the channel of interaction, and the associated risk level to accurately and effortlessly confirm a user’s identity and intent.
Entersekt collects, curates, enriches, and analyzes hundreds of data points and signals across transactions, user behavior, context, device, location, and third-party fraud tools. Through simplified integration for actionable risk intelligence that is adaptive and leverages Context Aware™ Authentication to proactively detect and mitigate scams, this approach enables real-time fraud detection across critical workflows like account changes, logins, and transactions. The Entersekt solution enriches existing layered technologies, pulling disparate fraud data sources together that provide detail and context.
Our advanced scam prevention technology proactively identifies and blocks fraud and scams before it results in financial loss. By identifying and addressing scam risk by initiating steps to validate user intent – even after initial authentication, we can determine the most effective action – silent or overt – to prevent financial scams, while preserving a seamless experience for legitimate users.
Automating fraud detection and response processes reduces the workload on fraud analysts and customer support teams. Comprehensive data analysis and reporting tools provide fraud analysts with the information they need to quickly investigate and resolve fraud cases. This greatly reduces the time and cost associated with investigations.
Entersekt’s actionable risk intelligence and advanced, customer-centric authentication not only dramatically reduces fraud losses, but demonstrates a commitment to security that builds customer trust. Furthermore, by minimizing friction and avoiding unnecessary disruptions enhances customer satisfaction.