Prevent Fraudulent Activity for Online Banking on IBM Db2®

Situation

A European bank provides online account access to its customers for a banking application that runs on an IBM z/OS main frame system. Fraud occurs and is difficult to identify and prosecute. Conspiracy is not sufficient grounds for prosecution in this country. (The intent to commit a crime is not sufficient; the crime must actually be attempted for prosecution.) Fraudulent financial activity is increasing in the region, particularly in online banking.

 

Problem

This situation was costing the bank a lot of money since they often were unsuccessful in preventing the fraud. It was difficult to detect the crime and gather the information to assist authorities. The bank needed a straight-forward method to integrate a Linux-based fraud-scoring application without having to rewrite (or modify) its applications.

Solution

Fraud detection architecture

The Bank’s Fraud Detection Architecture

Outcomes

HPE Shadowbase Product of Interest


Contact us or your HPE Shadowbase representative, and learn how Shadowbase software will benefit you.

Further Reading

Case Study:  Winning the Battle Against Internet Banking Fraud by Leveraging Real-Time Data and Application Integration

White Paper:  HPE Shadowbase Streams for Application Integration

Solution Briefs:

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