Case Study
A NEOBANK ACHIEVED 90% REDUCTION OF FAKE PROFILES TO ONBOARDING
A fast-growing European neobank with 200,000+ mobile-only users deployed XTN Cognitive Security® to combat coupon fraud, strengthen security, and ensure compliance. Using behavioral Smart App Protection, XTN accurately distinguished legitimate users from fraudsters, leading to a remarkable 90% reduction in fake profiles during onboarding. The platform blocked over 1,000 attacks monthly while monitoring 2+ million events, enabling the neobank to grow its genuine customer base by 200% without compromising user experience. XTN helped the client stop fraudsters, not customers, fueling secure and scalable growth.