Based on intelligent analytics, Trident RBA uses insights into consumer behaviour and past payment characteristics to deliver secure payment experience to consumers. The solution scores every payment transaction to determine risk and it is based on the company’s fraud management system Trident, which employs a combination of dynamic rules-based approaches and machine learning.
Only when a transaction is deemed risky, a challenge response system takes over to step-up the authentication using a variety of technology, process, or other verifiable credentials. Step-up options such as online OTP, offline OTP, biometric, life questions, call back, or mobile discovery allow for banks and service providers to address a variety of consumer preferences while minimizing risk.
According to the company, Trident RBA combines its real-time risk analysis taking into account point-in-time fraud trends and patterns, historical data and consumer behavior with a range of step-up authentication options. Moreover, it is built to EMVCo specifications and it is 3-D Secure 2.0 ready.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now