TASCET | Payments

Sectors

Payments

Our Cognition Engine locks each customer to a unique Payments PROOF that does not change. PROOF is a security credential that, unlike passwords and smartphones, doesn’t exist without the presence of the correct user, so it can’t be misused. Each customer can have only one PROOF within the payments industry, putting in place the means to end synthetic fraud in applications.

Fight Synthetic Fraud

The protocol to create a PROOF ensures that each user is unique; they can have only one PROOF across your enterprise and the payments industry. You prevent the use of synthetic identities for accounts and payments.

Prevent New Account Fraud

Payment PROOFs do not change and cannot be shared, stolen or compromised. You link an application and account to a human, not the documents presented.

Stop Account Takeover

Confirming PROOFs requires the presence of the correct customer, therefore, unlike attribute- and device-based credentials, PROOFs cannot be stolen or misused if compromised. Protecting customers and the issuer.

Diminish Compliance Risk

With PROOF, you demonstrate the highest level of confidence in customer due diligence and transaction reporting using technology that also provides productive and efficient fraud and crime prevention.

Payments Sector

Creating Payments PROOF for customers

Creating Payment PROOFs ensures that each customer is unique; they can have only one PROOF within your institution and the payments industry, putting in place the means to end synthetic fraud in applications.