Case Study

How two global banks stay ahead of fraudsters—and protect customers— with Teradata Vantage

How two global banks stay ahead of fraudsters—and protect customers— with Teradata Vantage

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CASE STUDY 06.21 / VANTAGE How two global banks stay ahead of fraudsters—and protect customers— with Teradata Vantage VANTAGE 40% MORE True fraud detected 27-POINT Increase in NPS 10 MILLION Operations per day VANTAGE Top 5 USA Bank 40% REDUCTION in false positives $27 MILLION Savings 40 MILLION Accounts The Problem Abanca was looking for a way to combat account takeovers. It was experiencing a few concerns: • Increasing fraud from digital and mobile channels • A growing number of compromised devices and credential thefts, due to increasingly sophisticated attacks and end-user actions Reducing Abanca’s Account Takeovers The Problem A leading bank needed a better way to fight first-party credit card fraud. It was struggling with two concerns: • How to measure the impact o

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