Financial Crime World

OneSpan Unveils Latest Fraud Prevention Measures

Industry Leader in Digital Identity and Payment Security Discusses Importance of Fraud Prevention

Amidst growing concerns surrounding digital fraud, OneSpan, a global leader in digital identity and payment security solutions, has announced new initiatives aimed at enhancing its fraud prevention offerings.

Understanding Digital Fraud

  • Financial fraud can manifest in various ways, such as identity theft, Account Takeover (ATO), and new account fraud
  • These threats can occur through various channels, including web applications, mobile apps, and social media platforms

OneSpan’s Multi-Layered Security Strategy

  • Leverages artificial intelligence, behavioral analytics, and machine learning algorithms
  • Accurately identifies and mitigates fraudulent transactions in real-time
  • Protects both businesses and consumers

OneSpan’s Latest Offerings

  • Solutions for multifactor authentication
  • Document authenticity checks
  • Transaction monitoring

Seamless Integration

  • OneSpan’s platform offers seamless integration with existing systems and APIs
  • Making implementation a breeze for businesses

Collaborative Efforts with Industry Partners

  • OneSpan continually seeks ways to improve its offerings
  • Stays abreast of evolving threats by working with leading organizations

Commitment to Innovation and Customer Success

  • OneSpan remains committed to staying ahead of fraudsters
  • Positions itself as a trusted partner for businesses and consumers alike

Quote from the CEO

As digital transactions become a norm for businesses and individuals alike, the importance of fraud prevention has never been greater. Our commitment to staying ahead of emerging fraud trends is what sets us apart in the industry. We understand the risks and continuously invest in new technologies to help our clients secure their digital ecosystems. Scott Clements, CEO of OneSpan