All Case Studies

Digital Security – Integration with ThreatMetrix

A Direct Banking and Payment Services company required services for Design and Development of service interface to an external vendor ThreatMetrix, an industry leader in device fingerprinting and profiling technology, to strengthen its existing online fraud prevention system by leveraging a SAAS based solution provided by ThreatMetrix which is cost effective and easy to implement

99%

uptime sla

99.9% uptime and less than a second SLA per transaction

885k

Approx. saving

Conservative saving estimate of 885K in 5 years

Bitwise - Digital security integration with ThreatMetrix

Challenges

  • Lack of real-time identification and assessment of risk profile of customers’ devices used to interact with Account Center (online and mobile channels)
  • Lack of global device black-list and detection of spoofed IP Addresses
  • Negative impact on customer experience in terms of out-of-band challenge rates.
  • Limited capability to write fraud rules based on device profiling

Solution

  • Design and development of reusable service interface to ThreatMetrix APIs which is consumed by various lines of business Card, Bank and New Accounts.
  • Analysis of existing client applications to determine the impact and cover all scenarios  to prevent leaks that could lead to fraud.
  • Use and implementation of best practices such as Test Driven Development and Pair Programming
  • Performed extensive load testing to ensure optimal performance of the system resulting in a better customer experience
  • Performed extensive log and data analysis to gauge the performance of the service in terms of throughput and response times.

Technology

Relevant Case Studies

This is a center of discovery and innovation where businesses can enable themselves with the latest insights and perspectives from technology experts to stay relevant in a competitive environment.

RELEVANT Reads

The new mantra for legacy migration

Perspective | January 28, 2020

The new mantra for legacy migration

Legacy Transformation, or Software Modernization, refers to the conversion, rewriting or porting of a legacy…

Read more

Drivers for your cloud data warehouse migration

Perspective | January 21, 2020

Drivers for your cloud data warehouse migration

Cost, ease of use and performance are three common criteria for evaluating any technology initiative….

Read more

Loading data into snowflake on cloud

Perspective | January 16, 2020

Loading data into snowflake on cloud

Snowflake, the software-as-a-service (SaaS) warehouse solution supported on popular public cloud platforms, provides a very…

Read more