TASCET | Financial

Sectors

Financial

Link each customer to one security credential across the enterprise. With PROOF, you implement proactive strategies to prevent cyber attacks and compliance failings. The same technology that stops synthetic fraud also provides new capabilities for security and efficiency in remote customer onboarding, branch and digital innovations, remote employees, and operations.

Prevent Synthetic Fraud

Each customer can have only one Financial PROOF in your institution and the financial industry. You can stop the use of synthetic identities, avoiding the costs and losses from fraudulent new account openings.

Apply Certainty in Remote Onboarding

Do more than validate documents and information for remote customer verification. Know the human and link them to a unique Financial PROOF that does not change and cannot be shared, stolen or compromised.

Cut Costs & Simplify

With PROOF, you use the same protocol and credential for account opening and authentication, in any channel – online, mobile, and in-branch. You link unique customers to all accounts across departments, channels, core platforms, and applications.

Prevent Account Takeover

A PROOF doesn’t exist without the human it was created for, so PROOFs can’t be stolen, sold or shared. With PROOF, you authenticate the human for transactions, not their device. You have an effective means to prevent account takeover.

Break Down Silos

PROOF provides visibility into accounts based on humans, not passwords. Transactions are based on customers, not passwords, devices, or digital IDs. PROOFs play a crucial role in bringing together efforts on financial crime, fraud, and cyber crime.

Enhance Compliance Efforts

With PROOF, you demonstrate the highest level of confidence in customer due diligence and transaction reporting using technology that also allows you to prevent fraud and cybercrime.

Financial Sector

Fight Back Against Synthetic Fraud

Despite the detection and ID verification tools available today, synthetic identities have successfully obtained bank accounts, health records, driver’s licenses – and digital identities.