The new software will combine S1’s online banking technology with Digital Envoy’s Fraud Analyst platform to deliver a transparent real-time identity verification system that acts as a first line of defense and helps to prevent fraudulent transactions once an identity has been stolen.
Digital Envoy offers a breakthrough approach to preventing identity fraud with our Fraud Analyst solution, which uncovers information about online activity to stop attacks as they happen, said Bill Calpin, Digital Envoy’s president. This adds a powerful underlying system for preventing fraud that transcends traditional authentication methods, which fall short once an identity is stolen.
