eTrustScore

In the wake of new COVID cases and the perpetual resurgence of fraudsters, we urge you to stay vigilant. Take the necessary precautions by following protocols and prevent the on-boarding of fraudulent customers with eTrust Scores’ fraud scoring solutions.
#2022

May you and your family,
Enjoy the holidays,

Finding the right balance in-between making the user experience engaging while maintaining a high-level of security becomes taxing for organizations. Most financial institutions play catch up to these ever-growing requirements.

With eTrust Scores’ Fraud scoring solutions have the upper hand in every situation. Since businesses collect and store large amounts of data regarding their users. eTrust Score has AI-enabled processes in place to organise, analyse and detect fraudulent entities giving you the edge every single time.

Have a look at our fraud scoring solutions at https://zcu.io/KJ9h.

BNPL has exemplified 'instant credit' and amplified the purchasing power of consumers. But the concept of BNPL proves to be a double-edged sword for financial institutions and merchants.

A poll that was recently conducted on Linkedin enquired, 'In the wake of new trends with respect to BNPL, how does one prevent fraud?' And while most of your opinions were equally divided on whether to tighten the compliance norms, initiate security protocols or create demographic-based platforms. The one opinion that stood out was to utilize very effectively a platform for fraud scoring.

An increasing number of brands are adopting BNPL and with that, there poses a multitude of risks that can be associated with BNPL fraud. Identity Theft is the most common, other ones being Account Takeover Attacks and forging synthetic identities to pass the compliance checks of lenders or financial institutions. eTrust Scores' fraud scoring platform brings solidarity into new-age FinTech concepts such as BNPL.

It's AI and ML-based solutions will prove to be a deterrent to every kind of fraud a financial institution or merchant might encounter.

A 2021 global fraud report has confirmed that spending on fraud management has spiked five folds since 2019. While large financial institutions contribute considerably to these statistics, it is the mid-market merchants that are reportedly spending the most.
eTrust Scores’ fraud scoring solutions can help you optimise your spends on fraud management with our pay per query pricing model.
Visit our website https://zcu.io/hi7g to know more.

Today marks ‘International Computer Security Day’, which acts as a stringent reminder to fraudsters regarding the severity of offences committed in cyberspace. eTrust Score backs this initiative and proves to be the ultimate deterrent for financial institutions fighting fraud.