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What is Early Warning?

A customer can start the application process for a new account through various methods, including face-to-face interactions at the branch, online platforms, mobile applications, or by calling the contact center. Early Warning evaluates the likelihood of the customer's authenticity by leveraging advanced banking data, enabling a swift assessment of identity verification which significantly improves the identification of synthetic and manipulated identities. Moreover, Early Warning predicts the chances that a customer might default due to first-party fraud within the first nine months following the account opening. Through the use of predictive insights, we acquire a more profound understanding of customer behavior and tendencies. The system also analyzes the risk of default arising from poor account management during the same period. With these evaluations, institutions can tailor applicant benefits to align with their specific risk appetite. Utilizing real-time predictive analytics not only supports more strategic decision-making but also expands financial access for a broader range of customers. This approach is instrumental in managing risk effectively, potentially enhancing revenue opportunities. Ultimately, the equilibrium between risk management and customer inclusivity is essential for cultivating a more robust financial environment, fostering growth and stability for all stakeholders involved.

What is BehavioSec?

The cutting-edge realm of behavioral authentication is exemplified by the BehavioSec platform, which is now adopted by Fortune 2000 firms globally, utilizing sophisticated authentication methods to reliably verify user identities with an accuracy rate surpassing 99%, while serving millions of users and handling billions of transactions. In spite of heavy investments aimed at bolstering security protocols to combat cyber threats, the ongoing challenge of account takeovers remains a significant concern for many organizations. These businesses also grapple with a variety of expensive obstacles, including the necessity for labor-intensive fraud investigations and the risk of losing customers due to overly stringent security measures, often stemming from ineffective protective spending. BehavioSec adeptly addresses the risks associated with account takeovers through its pioneering deep authentication method, which utilizes behavioral biometrics to confirm user identities in a seamless and unobtrusive way. This approach guarantees that access is granted solely to legitimate users, thereby substantially reducing operational expenses while effectively deterring fraudsters. Moreover, BehavioSec enhances its defenses against new account fraud via improved population profiling powered by behavioral biometrics, providing a robust shield against evolving threats and setting a new standard in cybersecurity. Ultimately, the integration of such advanced techniques not only fortifies security but also fosters user trust and satisfaction.

Media

Media

Integrations Supported

ForgeRock
Kount
NICE Actimize
NuDetect
OneSpan Authentication Servers
OneSpan Identity Verification
Ping Identity

Integrations Supported

ForgeRock
Kount
NICE Actimize
NuDetect
OneSpan Authentication Servers
OneSpan Identity Verification
Ping Identity

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Early Warning

Date Founded

1990

Company Location

United States

Company Website

www.earlywarning.com/products/identity-chek-service-new-account-scores

Company Facts

Organization Name

BehavioSec

Date Founded

2008

Company Location

United States

Company Website

www.behaviosec.com

Categories and Features

Authentication

Biometric
Credential Management
Knowledge-Based Authentication
Mobile Authentication
Multifactor Authentication
Out-of-Band Authentication
Policy Management
Self Service Portal
Single Sign On
Social Sign On

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