PayConfirm & Secure Bank

Comprehensive fraud protection for online banking users

Ensuring that online banking users are always protected requires both verification of transaction data and analysis of device parameters and user behaviour. Such security measures should not affect customer experience, however.

The comprehensive solution from Group-IB and Airome combines Secure Bank, a client-side fraud and attack prevention system, and PayConfirm, a mobile transaction authentication signature platform.

PayControl & Secure Bank function

PayConfirm & Secure Bank function

•

Adaptive authentication and transaction confirmation ensure a frictionless and secure customer experience, with minimal cost and implementation time.

PayControl function overview

Bundle solution

•

The mobile part of PayConfirm, which contains the Secure Bank client module, is integrated into the mobile banking app installed on the user device;

•

Ready-made tool for automated assessment of the risks involved in completing given financial transactions.

Cryptographic Algorithms

ADAPTIVE AUTHENTICATION

•

Sets up a signature in the automatic background mode, requesting additional confirmation and preventing a transaction from being signed or completed depending on the risk assessment;

•

Contains pre-set values for scoring trust indicators for users.

PayControl Advantages

REDUCED BANK OPERATING COST

•

Lower cost of telecom services (thanks to lower cost of text message transaction notifications), implementation and integration of systems to ensure technical support and proper functioning.

Integration and features

REDUCED LOAD ON ANTI-FRAUD SYSTEMS

•

No need to compare fragmented user transaction data from the online banking system with user device data and events.

Download leaflet

Projects

A smartphone as an ATM smartcard. Withdrawing cash from an ATM with your cell phone, rather than a physical card

12.11.2020 — 17:29

«A modern bank customer prefers to move around the city without a wallet full of cash and plastic. Everything they need is on their smartphone: NFC for payments, public transit tickets, loyalty cards, and so on. However, sometimes there’s no escaping it, and they need cold hard cash. Making sure they can withdraw from an ATM without having to insert a physical card will definitely boost the loyalty of your active customer base.
How do you let your clients withdraw cash with their smartphone without upgrading the whole ATM fleet with expensive NFC readers? How do you raise the level of ATM security and lower the number of false customer card blocks? The answer to these questions is a mobile digital signature.»
Download Case Study

Turnkey digital customers. Moving customers from offline to online safely and conveniently

— 14:26

«One of the greatest assets of any modern company are their digital customers. They are identified, connected to information systems, and ready to interact via digital channels. The company’s main competitive advantage then becomes onboarding: reliable and secure digital tech for remotely gaining new clients at minimum cost and in the fewest steps possible.
So how do you organize the process of getting online customers? How do you ensure they are identified remotely, set up legally relevant document management, and make further communication safe and convenient?»
Download Case Study