Case Study
Identity Proofing
This global credit card issuer has hundreds of millions of cardholders and is one of the most well-known issuers in the world. The global card issuer uses a wide array of cyber defenses to monitor, analyze and prevent fraudulent activity during the card application process. Fraudulent activity may include the use of stolen or synthetic identities that rely on a combination of stolen personal information and false details, such as a real social security number and name with a fake address, phone and email. Then the fraudster can proceed to apply for a credit card and attempt to commit fraud. In 2017, this global credit card powerhouse added the BioCatch behavioral biometrics capability on its credit card application website. Several months after the initial deployment, millio