Case Study

A BANKING GROUP GAINS A 100% FRAUD DETECTION RATE

A BANKING GROUP GAINS A 100% FRAUD DETECTION RATE

A banking group with over 40 years in operation, 3,000 employees, and more than 300,000 end-users replaced its outdated fraud prevention system with XTN Cognitive Security®. This switch boosted fraud detection rates from below 50% to 100%, while reducing false positives by 70%, ultimately resulting in zero fraud losses. By intercepting over €2 million in fraud attempts, XTN's behavioral biometrics and real-time analysis eliminated static control inefficiencies, enhancing user experience, cutting maintenance costs, and providing comprehensive protection against evolving fraud threats.

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