Risk Based Authentication
Offer your customers secure and seamless digital transactions with Wibmo’s Risk-Based Authentication (RBA) framework.
Overview
Wibmo’s ACCOSA RBA (risk-based authentication) enables service providers to authenticate digital payments without adding friction to low-risk transactions.
Based on risk assessment from TRIDENT FRM, Wibmo’s fraud detection and prevention engine, ACCOSA RBA determines if a transaction needs further validation by the consumer, i.e. to step-up or step-down authentication. This mode of intelligent authentication provides a balance between consumer experience and fraud losses.
REQUEST
Features
EMV 3D for Added Protection
EMV 3 DS Secure protocol. Also complies with PSD2 SCA requirements
Configurable Business Rules
Rules can be configured and applied in real-time
Analytics Dashboards and fraud insights
Use the power of Big Data to drive analytics and fraud insights derived from 130+ Banks and over 2.2 Billion transactions annually
Robust Policy manager
Configure whether the transaction needs additional authentication through available challenge methods or can be frictionless
Benefits
Increased Sales
Frictionless authentication provides optimized consumer experience resulting into increased sales
Reduced Fraud
Intelligent authentication minimizes fraud losses without compromising on customer experience
Real-Time Decision Making
Analyze and score every transaction in real-time using both Best-in-Class rules engine and advanced Machine Learning algorithms