Case Study

How two global banks stay ahead of fraudsters—and protect customers— with Teradata Vantage

How two global banks stay ahead of fraudsters—and protect customers— with Teradata Vantage

How two global banks stay ahead of fraudsters—and protect customers— with Teradata Vantage

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CASE STUDY 06.21 / VANTAGE How two global banks stay ahead of fraudsters—and protect customers— with Teradata Vantage VANTAGE 40% MORE True fraud detected 27-POINT Increase in NPS 10 MILLION Operations per day VANTAGE Top 5 USA Bank 40% REDUCTION in false positives $27 MILLION Savings 40 MILLION Accounts The Problem Abanca was looking for a way to combat account takeovers. It was experiencing a few concerns: • Increasing fraud from digital and mobile channels • A growing number of compromised devices and credential thefts, due to increasingly sophisticated attacks and end-user actions Reducing Abanca’s Account Takeovers The Problem A leading bank needed a better way to fight first-party credit card fraud. It was struggling with two concerns: • How to measure the impact o

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