Case Study
Fintech Neobank Slashes ATOs by 75% with Arkose Labs
Overview The client is one of the world’s most prominent fintech firms and provides consumer banking, personal financial management, credit monitoring, and other financial services. It has more than 12 million customers in the U.S. alone. It is known for its digital savvy and ease of use. The fintech neobank has grown rapidly in popularity and grew its customer base by more than 50% during 2020. Users are attracted to the platform because of its all-digital nature and seamless user interaction. The Business Problem However, this digital convenience also led to numerous attacks on the platform. As the platform skyrocketed in popularity, fraudsters targeted the growing number of user accounts. At its peak, the company was seeing about 30,000 failed login attempts per d