Account takeover
The right credentials don't always mean the right person
Account takeover
The right credentials don't always mean the right person
For account takeover fraud, bad actors don’t need to break into the banking system. They just need the right credentials. And in a world where data breaches are constant and personal information is readily available, those credentials are easier to obtain than ever. Clearspeed goes beyond credentials with a real-time risk assessment on account owner validation.
Fraudulent activity is designed to go undetected
Financial institutions don’t want to interfere with transactions from seemingly established, reputable users. And that’s what fraudsters are counting on – to slip by authentication tools and go on undetected.
Close the gap between the system and the person using it
FRICTIONLESS
Verify legitimate customers quickly
Reduce friction for genuine customers with a simple yes-or-no questionnaire that validates their authorization and moves them through quickly and without disruption. Keep scrutiny on only the interactions that warrant it.
SCALE
Prevent cumulative impact of data breaches
While the supply of stolen credentials is limitless, the risk of account takeover doesn’t have to be. Clearspeed’s real-time indicator of risk is specific to the moment and the individual, which can’t be replicated.
SPEED
Act at the speed of the attack
Don’t wait for the system to flag an anomaly. Intervene before access is granted, account details are changed, or funds are moved. Clearspeed helps you intervene at the earliest possible moment.
Surface identity risk before access is granted
01
The questions
A short set of yes-or-no questions, answered by the user.
02
The signal
Clearspeed analyzes for risk signals in the vocal response.
03
The indicator
You receive a clear risk indicator in real time.
Minimal risk
Route and approve
The user moves forward. No delay, no friction.
Elevated risk
Follow up for review
The interactions that need a closer look, get one.
How Clearspeed protects accounts against bad actors
Clearspeed screens for risk at the point of login, while imposters are flagged before they gain access. A few yes-or-no questions, grounded in decades of neuroscience.
