Acquired Electronics360

Financial and ID Technologies

Machine Learning and Biometrics Solution for Online Banking

29 June 2017

How the Assurance Hub works. Source: Gemalto How the Assurance Hub works. Source: Gemalto Digital security house Gemalto has unveiled its Assurance Hub, a new approach to increase trust and prevent fraud in online banking.

The hub uses machine learning to analyze the profile and the behavior of customers in real time. It only activates additional authentication measures when required.

The hub's performance is based on processing millions of transactions from attributes such as device profiling, location, user behavior, biometric data or keypad style. It then analyzes the behavior in real time, triggering authentication checks if it believes they are required.

Gemalto uses the example of making sure someone from an unusual location is actually the person by using biometric authentication such as fingerprint or facial recognition.

To contact the author of this article, email Peter.Brown@ieeeglobalspec.com


Powered by CR4, the Engineering Community

Discussion – 0 comments

By posting a comment you confirm that you have read and accept our Posting Rules and Terms of Use.
Engineering Newsletter Signup
Get the Engineering360
Stay up to date on:
Features the top stories, latest news, charts, insights and more on the end-to-end electronics value chain.
Advertisement
Weekly Newsletter
Get news, research, and analysis
on the Electronics industry in your
inbox every week - for FREE
Sign up for our FREE eNewsletter
Advertisement

CALENDAR OF EVENTS

Date Event Location
30 Nov-01 Dec 2017 Helsinki, Finland
23-27 Apr 2018 Oklahoma City, Oklahoma
18-22 Jun 2018 Honolulu, Hawaii
Find Free Electronics Datasheets
Advertisement