Winning the Battle Against Internet Banking Fraud by Leveraging Real-Time Data Integration

A European bank needed to design and implement its internet banking application in a very specific way: to detect and prevent fraud, yet still enable the authorities to pursue a conviction against the actual actions committed. This case study provides a powerful demonstration of what can be achieved by clever application design, coupled with a Shadowbase high-speed/high-throughput heterogeneous data distribution fabric, to deliver large amounts of data in real-time to a data analytics engine. The integrated applications are used to prevent internet banking fraud, and have resulted in a significant decrease in the cost of such fraud to the bank, and allowed for prosecution of the perpetrators. The result is a real-time fraud detection and prevention system which provides critical functionality and produces tangible positive results for the bank.

adobe-iconWinning the Battle Against Internet Banking Fraud by Leveraging Real Time Data Integration