Gemalto, the world leader in digital security, strengthens its Ezio range of online banking protection with the newly integrated transaction monitoring software – the Ezio Dynamic Fraud Manager (EDFM). The EDFM empowers real-time calculation of the actual risk of individual online transactions. Gemalto is also working with NCR Corporation, a leader in consumer transactions technologies, to offer the Fractals intelligent fraud detection solution as part of the Ezio solution.
It reinforces Ezio’s multi-layered security abilities to offer ultimate protection as well as further enhances the end user experience.
In addition, the EDFM provides banks with a high degree of customization, increased reactivity to evolving patterns of fraud and upgraded detection rates.
Gemalto has signed a reseller agreement with NCR to offer NCR’s Fractals software in the Ezio fraud management layer, to bring the power of NCR’s proven Fractals risk management engine to online banking, the press release states.
“With continuously evolving attacks, fraud managers increasingly want agile solutions to protect bank customers,” said Hakan Nordfjell, Senior Vice President of e-Banking and e-Commerce at Gemalto. “Our collaboration with NCR reinforces our layered security strategy allowing banks to further expand their online service portfolio while protecting their customers and their brand.”
“Preventing fraud in all forms remains a key priority for financial institutions around the world,” said Ruth Fornell, vice president and general manager of Software and Professional Services, NCR Financial Services. “Our work with Gemalto will help financial institutions improve their digital banking security. Banks can now better reduce false positives, the number of alerts, and their related operational costs, as well as further enhancing the end user experience.”