Entersekt, a mobile-first fintech solutions firm, announced on Wednesday it has teamed up with NuData Security to roll out behavioral analytics for real-time risk scoring. The company reported that the collaboration allows it to integrate the analytics solution, NuDetect, with the Entersekt Secure platform.
According to Entersekt, NuDetect uses device and behavioral data to distinguish legitimate users from high-risk ones in real-time. By doing so, it frees genuine account holders to transact unimpeded by security hurdles.
“In cases where greater certainty is required, a step-up authentication process is triggered. The latter may take the form of an in-app push prompt, a FIDO-certified security key, or any of a number of options available from Entersekt.”
Dewald Nolte, Chief Strategy Officer at Entersekt, spoke about the partnership by stating:
“NuDetect complements Entersekt’s strong device ID with an inherent factor to seamlessly tie the human to the device and brings a new dimension to our regulatory-compliant strong authentication suite. By combining our leading technologies, we unlock new ways to remove friction for users interacting online, on web or mobile. The combination is like none other on the market, in usability and security, and is another exciting leap forward in our mission to make the digital world safer and more user-friendly.”
Entersekt added that NuDetect also helps to minimize friction and accurately verify good users across the entire user journey (login, account creation, online checkout, and more). The functionality is currently available to all institutions using the Entersekt Secure Platform, regardless of their card brand affiliations.
Founded in 2008, Entersekt describes itself as an innovator of mobile-first fintech solutions. The company explained that financial services providers and other enterprises rely on its patented mobile identity system to provide both security and the best in convenient new digital experiences to their customers, irrespective of the service channel.