Intelligent Adaptive Authentication As A Solution For Orange Money Customers

Presented by

Mircea Spinei, Orange Money Romania & Michal Wawrzynski, OneSpan

About this talk

Intelligent Adaptive Authentication As A Solution To Provide PSD2 Compliance, Improve UX And Enhance Security For Orange Money Customers The mobile-only bank Orange Money, a subsidiary of Romania’s largest telecom provider Orange, has integrated OneSpan’s Intelligent Adaptive Authentication (IAA) with Risk Analytics to help fight online and mobile fraud. IAA enables Orange Money to secure its mobile banking application and sign mobile transactions while detecting and preventing against mobile malware attacks. The global pandemic has created both opportunities and challenges for banks delivering services in the mobile channel. Near the start of the COVID-19 outbreak, Orange Money saw a substantial increase in both transactions and new customer acquisition. In tandem, cyberattacks against the financial sector rose by 238 percent . Using Intelligent Adaptive Authentication (IAA), Orange Money protects its customers with a range of multi-factor authentication technologies together with AI-based machine learning. The solution also offers pre-configured, customizable rule sets for threat detection, behavioral analysis, transaction risk analysis and orchestration of the customer experience. IAA with Risk Analytics is built on OneSpan’s Trusted Identity (TID) platform, which brings together a broad portfolio of technologies to enable real-time fraud detection through a modern set of cloud-based solutions. Speakers - Mircea Spinei, Head of Transactions and Payments, Orange Money Romania - Michal Wawrzynski, Account Executive CEE, OneSpan

Related topics:

More from this channel

Upcoming talks (0)
On-demand talks (361)
Subscribers (8683)
At OneSpan, we specialize in digital identity and anti-fraud solutions that create exceptional and secure experiences. From risk-based adaptive authentication to digital identity verification, our next generation solutions are delivered on a cloud-based platform. The OneSpan Trusted Identity Platform makes it easy to integrate new and existing tools and technologies, to better detect fraud and improve the user experience.