Transmit Security

Fraud Solution Profile

Transmit Security’s Detection and Response Services is the fusion of sequencing discrete customer facing identity elements into a fraud monitoring platform into the detection of anomalous online session activity. In this capacity, use cases including Account Opening, Account Takeover and Scams can be detected and prevented in real time, cross-channel environments.  

With over 2 billion identities served and trusted by 8 of the top 10 global banks, safeguarding trillions in assets for Financial Services, Wealth Management firms, securing $600b in revenue for Retailers and supporting 100MM customer accounts in the Energy and Telco verticals, Transmit has demonstrated itself as a mission critical CIAM and fraud toolset for the world’s top enterprise brands. Recognized as a Gartner Leader,  

Built on an Industry Leading Technology Stack

Leveraging the Transmit Mosiac platform’s SDKs and JS collectors, allows for the collection of identity, device, network and user behavioral biometric data for telemetry and automated assessment of risk data by machine learning models. Leveraging this in a hub and orchestration layer allows for the utilization of it in downstream responses, resulting in being awarded a Gartner MQ “Leader” endorsement. 

The Mosaic platform provides engines for account opening, authorization, authentication, fraud detection, regulatory compliance, and security, as well as a hub and an orchestration layer.

This centralized hub is an open layer into which integrated components such as authenticators, identity-proofing tools, directories, databases, and web services can be connected into an orchestration hub. Once connected they become an integral part of the various platform engines, typically automating responses and providing flexible and agile pre-built services that can meet and accommodate changing business needs on the fly.

The platform’s fraud detection engine offers advanced risk and fraud detection capabilities across multiple applications with continuous session monitoring across disparate platforms from account origination, through onboarding to online banking, ingesting datapoints for scoring models to provide precision fraud capture and highly efficient false positive rates and downstream controls. The platform evaluates internal and external risk factors and provides a semi-supervised machine learning score for evaluation of targeted decision point along a user journey as a risk recommendation. This weighted risk score can then be used anywhere in the application or session flow to drive automated decisions such as block, alert, step-up challenges and session locking.

Future proofing in a business environment with Agentic AI and automated traffic depends on understanding customer intent, ensuring that your fraud tools are optimizing conversion to empower growth and mitigate risk. The fusion of identity and fraud is dependent on distinguishing intent on both human and non-human users to ensure that the business makes the best decision with precision and enables your organization’s growth with agility. Consolidating the fusion of identity and fraud monitoring.