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Nuance Communications and ForgeRock implement next-generation multi-factor authentication methods for digital channels.
FREMONT, CA: To prevent account takeover (ATO) fraud, financial institutions can utilize behavioral biometrics to detect anomalies in a person's present behavior and compare it to their previous activity. ForgeRock, NICE Actimize, and Nuance Communications have joined forces with BehavioSec, an industry pioneer and technology leader in behavioral biometrics and continuous authentication, to offer their end-users new ways to take advantage of behavioral biometrics in their technology platforms to combat fraud and protect a wide range of industries.
"BehavioSec offers a behavioral biometrics solution that provides a digital identity signal that is both high-fidelity and ubiquitous to the end-user. Our mission is to make our offering accessible to as many individuals and organizations as possible, and through partnerships such as the ones we are highlighting today we are able to broaden our reach, increasing customer satisfaction and the number of users and transactions safeguarded," states Dr. Neil Costigan, BehavioSec CEO.
BehavioSec has come up with four new versions of its proven behavioral biometric technology platform designed to provide a seamless, transparent layer of protection for digital identification. And BehavioSec was included in AIFinTech100's list of financial services industry innovators because of its role in defining industry standards and norms and enhancing fraud prevention and how we all conduct ourselves online.
NICE Actimize and Nuance Communications are three of the many BehavioSec partners that provide unique solutions with a shared goal: to eliminate fraud and ease the strain on customers.
The ForgeRock Identity Platform is made possible through ForgeRock's Trust Network. This technology ecosystem provides access to a wide range of digital identity capabilities via the ForgeRock Identity Platform, a leading provider of access management solutions that help organizations manage digital identities for their workforce and their customers.
NICE Actimize, the largest and broadest provider of financial crime, risk, and compliance solutions for regional and global financial institutions and government regulators, applies innovative technology to protect institutions and safeguard the assets of consumers and investors by identifying financial crime deterring fraud, and providing regulatory conformity. Nice Actimizes X-Sight Marketplace, the only financial crime and compliance ecosystem that connects you with data, applications, tools, and service providers, has named BehavioSec as an inaugural member of the company.
A cloud-native solution designed to help customers in financial services, telecom/service provider, and retail combat fraud across both digital and voice channels has chosen BehavioSec as the behavioral biometrics provider of choice to power the behavioral capabilities in its Gatekeeper offering. Nuance is a technology pioneer with market leadership in conversational AI and ambient intelligence. With BehavioSec as a partner, Nuance is better able to increase the capacity of its employees to serve others. More than half of the hospitals in the United States use Nuance, which Microsoft stated earlier this year that it was interested in purchasing.