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Member Driven Technologies Selects Digital Resolve to Provide Strong Protection for Online Banking.


Fraud Analyst to Offer Seamless Authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC.

(2) Verifying the identity of a user logging into a network.
 to Credit Union Members

ATLANTA & WARREN, Mich. -- Member Driven Technologies, a Credit Union Service Organization A Credit Union Service Organization (CUSO) allows a credit union the ability to conduct business that they would otherwise be restricted from due to regulatory constraints.  (CUSO CUSO Credit Union Service Organization
CUSO Canadian University Services Overseas
CUSO Canadian University Services Organization
CUSO Carson United Soccer Organization
) focused on serving the unique technology needs of its credit unions utilizing Symitar's Episys platform, today announced that it has chosen to deploy Digital Resolve's Fraud Analyst[TM] risk-based authentication platform across its client base to protect credit union members against online fraud and identity theft. Member Driven Technologies will use Digital Resolve's Zero Impact deployment option, which allows for application independent deployment of multi-factor authentication.

"We looked at authentication solutions from our web banking platform provider and other security providers, and chose to go with Digital Resolve because it allows us to roll out a proven solution to our entire client base in a matter of a few weeks, and will immediately allow our clients to provide their members strong protection, without having to change the online experience they've come to appreciate," said Larry Nichols, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  & President, Member Driven Technologies. "Beyond the technology, we wanted to work with Digital Resolve because they are dedicated to what they do; they offer exceptional customer service; and they showed a true understanding of our needs."

Fraud Analyst is a real-time identity verification Noun 1. identity verification - the automatic identification of living individuals by using their physiological and behavioral characteristics; "negative identification can only be accomplished through biometric identification"; "if a pin or password is lost or  and risk-based authentication solution that is helping financial institutions of all sizes reduce online fraud by as much as 90 percent, and is the only solution available today that provides 360 degree protection against online fraud - from new account opening and enrollment, to login Signing in and gaining access to a network server, Web server or other computer system. The process (the noun) is a "login" or "logon," while the act of doing it (the verb) is to "log in" or to "log on.  authentication to high-risk transactions. Using a combination of machine identifiers, patented IP Intelligence and geo-location information, and an array of risk analysis factors, Fraud Analyst's patent pending Behavior Profiles analyze the way in which members access their online accounts. Should a login attempt or member transaction deviate from the norm or otherwise meet pre-defined risk thresholds set by the financial institution, transactions can be further authenticated au·then·ti·cate  
tr.v. au·then·ti·cat·ed, au·then·ti·cat·ing, au·then·ti·cates
To establish the authenticity of; prove genuine: a specialist who authenticated the antique samovar.
 via a number of methods including challenge/response questions, out-of-band authentication, e-mail notification or tokens - in real time.

"We're pleased that we have a deployment option that allows Member Driven Technologies to have a choice in the type of authentication that it offers to clients," said Dennis Maicon, Executive Vice President of Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 Solutions, Digital Resolve. "A lot of companies are coming to us requesting to deploy our Fraud Analyst platform without integration into their existing environment. Our Zero Impact deployment option leverages our Authentication Gateway to offer choice and speed of deployment, allowing companies such as Member Driven Technologies to offer seamless authentication to its clients and their members without integration into their existing applications."

About Member Driven Technologies

Headquartered in Warren, Michigan Warren is a city in Macomb County in the U.S. state of Michigan. As of the 2000 census, the city had a total population of 138,247, making Warren the largest city in Macomb County, the third most populous city in Michigan, and Metro Detroit's largest suburb. , Member Driven Technologies is a Credit Union Service Organization (CUSO) that was founded by credit unions, and is dedicated to serving the unique needs of its credit unions by providing the technology and services that will help to fuel the growth of its clients - and serve the needs of their members. For more information visit www.mdtmi.com.

About Digital Resolve

Recognized as the authority in transparent, risk-based authentication, Digital Resolve is leveraging its heritage and unsurpassed knowledge about online interactions to deliver deep understanding and value to organizations to help them fight online fraud. Many of the largest technology and financial services companies, including Microsoft, Symantec, EarthLink, Lexis Lexis®

An online legal information service that provides the full text of opinions and statutes in electronic format. Subscribers use their personal computers to search the Lexis database for relevant cases. They may download or print the legal information they retrieve.
 Nexis, McAfee, and Experian, rely on Digital Resolve's technologies and solutions to identify and recognize users within the Internet universe for applications ranging from analytics to online security to user authentication See authentication. .

With an unrivaled combination of Internet technology and online fraud expertise, Digital Resolve is uniquely positioned to help organizations distinguish real customers from online criminals, delivering peace of mind that the online channel is safe, profitable and positioned for continued growth. For more information visit www.digital-resolve.net.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 18, 2006
Words:625
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