One of India’s leading private Banks ranked 19th among the top most valuable brands in India.
CUSTOMER BACKGROUND
Secure Adaptive Authentication solution needed with a foolproof POC to decide cloud ready products
Solutions needed to be agile and customizable like face and finger print recognition
WHY RSA SOLUTION
RSA manages fraud and digital risks across multi-channel environments without impacting customers or transactions with RSA Adaptive Authentication.
The platform leverages risk-based authentication and machine learning to protect users accessing websites, online portals, mobile browsers and mobile apps.
BUSINESS ISSUES AND CHALLENGES
Legacy authentication implemented currently were not enough
Require a solution that manages fraud and digital risk across multi-channel environments without impacting customers or transactions
With advances in security breaches / threats urgent need for advanced level of authentication
Updates / changes to existing authentication system is cumbersome and effort intensive
SOLUTION COMPONENT
Implemented RSA Adaptive Authentication with following feature sets:
RSA Risk Engine
Policy Management Application
Ecosystem Approach
Global Fraud Network
Modern Authentication Methods
Case Management
Software Development Kit (SDK)
Transaction Signing
KEY OUTCOME
Provides Omni channel fraud prevention capabilities with fraud detection rates of 95 percent and low customer intervention rates
Solution addresses the requirements of global regulations and industry standards such as PSD2, faster payments and more
Proven solution deployed at over 3,000 organizations to protect more than one billion global consumers
Leads to significant reduction in web and mobile fraud, allowing for a quick return on investment
Offers flexible deployment options (on premises, hosted or cloud-based) to meet the needs of your environment