Abee Digital ID – v1.0 released

25 September, 2024

Abee Digital ID v1.0 next-gen data capture plugin for digital channels is released. The plugin enables device fingerprinting, real-time behavioural analytics and fraud prevention. It enhances and improves fraud detection, anti-money laundering (AML) compliance, onboarding (KYC) and sanction list management. This comprehensive solution integrates seamlessly with existing systems to provide businesses with the highest level of security and compliance in today’s fast-evolving financial landscape.

Key Features

Device Fingerprinting and Behavioral Analysis
Our platform leverages cutting-edge behavioral analysis to detect anomalies across user activities and transactions. By constantly analyzing patterns, device fingerprinting, and behavioral markers across multiple channels (e.g., mobile, web, ATM), we can proactively identify fraudulent actions in real-time. This multi-layered detection minimizes false positives and offers deep insights into customer behaviors, ensuring comprehensive protection for your business.
Enhanced data for AML and Fraud prevention rules
Plugin improves AML monitoring, streamlining compliance processes. With additional data and events, robust data consolidation and cross-referencing with global sanction lists, it builds in-depth risk profiles that adapt to ever-changing compliance regulations, reducing operational burden and increasing efficiency.
Real-Time Sanction List Management
Version 1.0 offers continuous screening of customers, vendors, and transactions against global sanction lists like OFAC, EU, and UN databases (see more here). Real-time alerts are triggered when high-risk entities are detected, ensuring quick responses and safeguarding your organization against financial and reputational damage.
Customer Onboarding (KYC) support
Version 1.0 offers helps to meet required new customer screening regulations. With the plugin it’s easier to comply with Know Your Customer (KYC) regulations and prevent onboarding high-risk individuals.
Seamless integration with best of breed SAS Fraud Detection (SAS SFD) and SAS Anti Money Laundering (SAS AML) platforms
Our platform integrates seamlessly with SAS AML and SAS SFD platforms, ensuring you meet all regulatory requirements without the need for additional infrastructure.

Built for Modern Enterprises

Abee Digital ID is dedicated for banking, insurance and retail sectors. Whether it’s for customer onboarding (KYC) in retail marketplace or real-time fraud detection in credit card transactions for online bank – Abee Digital ID is a fit.

Abee Digital ID is built to integrate seamlessly into your tech ecosystem. Whether you’re running on SAS, Kong, Kubernetes, AWS, Azure, or Google Cloud (GCP), our platform is fully compatible. Designed to scale with your business, it’s equipped to handle the increasing complexities of today’s regulatory landscape.

What Sets Us Apart?

Real Time Behavioral Analysis and Device Fingerprinting: Monitor customer behaviors and unique device fingerprints across all digital channels to detect sophisticated fraud attempts before they escalate.
Comprehensive Risk Profiles: Consolidate data to create in-depth risk profiles, empowering you with a granular view of customer activities.
Scalability & Performance: As regulatory requirements evolve, our platform is built to grow and adapt, ensuring seamless updates without downtime or disruption.

Looking Ahead

The release of v1.0 is just the beginning of our journey. With an unwavering commitment to innovation, we plan to continuously upgrade and enhance the platform with even more sophisticated tools to combat fraud, stay compliant with AML, and manage sanction lists efficiently.

We invite you to explore Abee Digital ID, and partner with us as we redefine the future of financial risk management. Stay secure, stay compliant, and focus on what matters most—growing your business.