Uni Systems and ThreatMark join forces to fight against fraud attacks

Banks and financial institutions are facing a growing number of online fraud attacks in the digital era, with fraudsters actively focusing on the human side of fraud, scamming users and stealing credentials to perform account-take-over. At the same time, new regulations require these organizations to implement additional safeguards to combat current and emerging threats to their digital customers. These include deploying AI technologies and behavioral biometric solutions, all of which constitute a real challenge, where a proactive, predictive and preventive strategy is essential.

At this point of convergence, Uni Systems teams up with ThreatMark, the leader in the war against fraud, using behavioral intelligence to proactively protect banks and financial institutions and their customers from scams and social engineering fraud. Their technology goes beyond traditional fraud solutions, by analyzing untapped data from digital channel behavior and user-device interactions. ThreatMark's customers enjoy significant reductions in fraud rates and false positives, as well as a frictionless user experience.

Uni Systems has extensive experience of over 15 years in the area of regulatory compliance and fraud, with numerous implementations across Europe and continues to invest in the fraud arena via strategic synergies. The recent partnership with ThreatMark reflects Uni Systems’ commitment to solidify its efforts to establish its presence as a major SEE regional player. This partnership aims at bringing enhanced trust to the Digital World.

Vasilis Psychogios, Head of Sales in the Banking Business Unit at Uni Systems, stated: “Our collaboration with ThreatMark underlines Uni Systems' continuous commitment to assist our banking customers in addressing their growing fraud challenges. With ThreatMark's next-gen AI-powered behavior intelligence platform we now provide a powerful package of tools to prevent future fraud across the entire customer online journey. Our mutual efforts to invest in this direction are strengthened by the common values and philosophy we share.”

Matt Bevan, Head of Global Partnerships at ThreatMark, added: “We are delighted to be partnering with Uni Systems to take the fight to the Fraudsters in Southern Europe. The partnership provides an excellent opportunity for both companies to be better together and offer a compelling Fraud proposition to leading banks and FS customers in the region.”