XTN has been mentioned in the AITE Group’s report Fraud in Small-Business Lending, 2021: Lenders Under Attack Fight Back as behavioral biometrics and device fingerprinting key solution provider.
Banks and financial companies granting credit to small and medium-sized businesses have become a target for cybercriminals thanks to digital financing services and rapid credit transfer.
The Fraud in Small-Business Lending 2021 Report identifies and explores the various fraud vectors in the SMB lending market and vendors providing technological help.
What comes out is a need for a more robust onboarding procedure, recognizing when fraudsters access on behalf of the genuine user, requiring lendings or modifying sensitive documents.
XTN Cognitive Security can help SMB to prevent and detect lending fraud. Our solutions powered with behavioral biometrics evaluate how a person interacts with a device to determine whether the behavior is indicative of the genuine user or a fraudster. As a device fingerprinting technology provider, we also examine a combination of hardware and software attributes associated with the user’s device to create a unique device fingerprint, determining if the device is associated with fraudulent activity.
AITE lists XTN Cognitive Security® as a Behavioral Biometric Solution Provider e Device Fingerprinting Solution Provider.
Contact us here xtn-lab.com/behavioral-fraud-protection.