OneSpan Risk Analytics - Woman in a well-lit room next to windows, holding a mobile device with a picture-in picture view of her screen, showing a "MyBank" logo, with a Main Menu with options for "Accounts", "Pay Bills", and "Transfers" OneSpan Risk Analytics - Woman in a well-lit room next to windows, holding a mobile device with a picture-in picture view of her screen, showing a "MyBank" logo, with a Main Menu with options for "Accounts", "Pay Bills", and "Transfers"

Risk Analytics

A self-learning solution that helps stop fraud across multiple digital channels

New Cloud-Based Offering

Fraud is a multi-billion dollar problem for financial institutions (FIs) around the world. Fighting fraud through risk analytics has become a top priority as new and increasingly sophisticated fraud schemes aggressively target online and mobile banking. Keeping up becomes even more challenging as traditional fraud tools are losing ground fast – exposing FIs to higher risk of fraud.

OneSpan Risk Analytics helps financial institutions combat fraud, faster. This solution detects known and emerging fraud across digital channels. Powered by machine learning, it analyzes vast amounts of user, device, and transaction data in real time to provide the most comprehensive risk assessment.

Reduce fraud and achieve regulatory compliance, while lowering costs

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    Drive Down Fraud

    Helps prevent threats like account takeover, new account fraud, and mobile fraud with a real-time, machine learning risk analytics engine

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    Meet Strict Regulatory Requirements

    Address compliance requirements, such as PSD2, with real-time monitoring of transaction risks

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    Increase Visibility Across Digital Channels

    Proactively protect against online banking fraud and mobile fraud

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    Flexible Deployment

    Deploy Risk Analytics on-premises or as a cloud service

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    Reduce Operational Costs

    Faster fraud prevention reduces manual reviews and lowers operational costs with intelligent automation and highly accurate risk scoring

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    Improve Customer Experience

    Increase customer loyalty and retention with fewer false positives

How It Works

OneSpan Risk Analytics analyzes vast mobile, application, and transaction data in real time to detect known and emerging fraud in the online banking and mobile banking channels, including:

  • Account takeover
  • New account fraud
  • Mobile fraud
  • Digital banking fraud

Flexible Deployment

A modern fraud detection solution, the way you want it

Simplified graphic of four circles in varying sizes and shades of purple, laid over each other to form a cloud shape

Benefit from the flexibility and cost effectiveness of the cloud. Reduce hardware and infrastructure maintenance costs, while leveraging your security controls to comply with your organization’s security policies. Cost effectively integrate cloud-based Risk Analytics into your organization to improve fraud prevention and reduce operational costs.

Simplified graphic of three server racks in square shape

Leverage your existing hardware infrastructure, resources, and security processes. Deploy Risk Analytics into your existing on-premises infrastructure to reduce fraud and strengthen regulatory compliance across your digital channels (i.e., mobile banking and online banking).

Risk Analytics

Reduce fraud, achieve regulatory compliance, and drive revenue growth with risk-based analytics and machine learning

Risk Analytics - Collecting key data across multiple channels

Step One

Risk Analytics collects and analyzes:

  • Device data
  • Cross-channel behavior
  • Historical account activity
  • Financial and third-party application data
Risk Analytics - Determining the risk associated with each financial transaction

Step Two

To determine the risk associated with each financial transaction, Risk Analytics analyzes and scores a vast amount of user, device, and transaction data points across multiple digital channels in real time.

Risk Analytics - Determining Action: Diagram of possible actions including Allow, Review, and Block.

Step Three

Based on the risk score, Risk Analytics automatically takes the appropriate action:

  • Allow a transaction
  • Review a transaction
  • Block a transaction

Recommended Resources: Risk Analytics

Learn how Risk Analytics can help you stop sophisticated threats faster – including account takeover, new account fraud, and digital banking fraud