October 27, 2016 — Early Warning’s Zelle adds behavioral biometrics to boost its security
NuData Security and Early Warning announce their strategic alliance to further protect banks’ real-time money transfers.
When Early Warning acquired clearXchange—soon to be renamed Zelle— late last year, the acquisition was applauded by banks that make up the P-to-P payments network because it brought Early Warning’s various fraud detection technologies into play.
It was a match made in heaven from the standpoint that the banks were pushing the P-to-P real-time money transfer rails as an option that the Federal Reserve would want to consider as the nation’s faster payments standard moving forward. But there is no such thing as too much security when funds are moving quickly over financial institution networks.
In a move that indicates financial institutions can’t rest on their security laurels in today’s intense cyberattack atmosphere, Early Warning and behavioral biometrics provider NuData Security have formed a strategic alliance to further protect the banks’ real-time money transfers.
“Early Warning has a number of products that we are going to be powering behind the scenes,” said Robert Capps, vice president of business development at NuData Security.
For the complete article, go here.