Through sophisticated, real-time risk analysis, IDENTIKEY Risk Manager delivers strong and dynamic protection against fraudulent activities across multiple channels - identifying risk at critical steps, predicting risk levels, and taking quick action when fraud patterns are identified.
IDENTIKEY Risk Manager works silently in the background to collect and score activities and operations based on intelligent analysis of behavioral, contextual, qualitative and quantitative data, and by challenging unusual patterns and stepping up security where required, IDENTIKEY Risk Manager creates a barrier that a hacker or fraudster cannot easily circumvent, and in a way that doesn’t impact the user experience.
A sophisticated tool for a sophisticated problem
A simple authentication server, basic data mining, and back office decision analysis are no longer proactive or sufficient enough to manage the many complexities or the level of sophistication of fraud. VASCO IRM delivers a comprehensive, centralized level of service, and the sophisticated techniques required to elevate your approach to fraud prevention.
Sophisticated data mining, scorecards, Bayesian and Neural networks improve intelligence and provide greater insight into decision performance, while giving engineers the guidance they need to enhance analytical models and improve data mining/KDE processes.
A potentially suspicious transaction may require further authentication or investigation rather than blocking – a process that can run in batch, near time or real time.
Improve response to evolving fraud patterns
Monitor, detect and block fraudulent transactions
Improve risk compliance strategies and fine-tune policies
Reduce cost and improve operational efficiencies
Reduce friction for users
Perfectly suited for online and mobile banking applications
‘Step Up’ Authentication: IDENTIKEY Risk Manager provides broad and integrated authentication options that will “step up” to require additional user authentication as needed, based on activity score and level of risk.
Configurable programming: A highly configurable XML, ISO8583 and Web listener allows for the rapid inclusion of real-time data, ensuring accelerated organizational response to new threats across all channels.
Comprehensive reporting tools: Customizable reporting tools enable complete, self-service access to management information, reducing time and resource demands for internal IT staff.
Comprehensive compliance controls: IDENTIKEY Risk Manager employs a security model that provides for granular control over all roles and rules, ensures the enforcement of strict separation of duties, and delivers comprehensive audit logs and a life-long audit trail on demand for all records.
Multi-tenant architecture: IDENTIKEY Risk Manager is a genuine multi-tenant architecture with a proprietary labeling model that allows business units or clients to be isolated and partitioned.
Flexible deployment: IDENTIKEY Risk Manager can be deployed on premises, or as a cloud-based service.