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There are plenty of reasons, not the least of which are increased usage of digital channels, such as mobile banking, online credit card transactions via ecommerce websites, and a range of popular digital payment options.
Why moving to digital identities as part of Know Your Customer (KYC) processes requires a low latency and high-throughput data store
How a large global bank is applying real-time transaction risk scoring to combat payment fraud
How Redis Enterprise in-memory data platform can power real-time identity validation and risk scoring models
Redis Enterprise in-memory data platform is helping financial businesses achieve faster and more accurate identity validation and fraud detection.
Financial services firms are moving to digital identities and AI/ML fraud detection systems to keep pace with the fraudsters. However, adopting those technologies raises data infrastructure and access challenges.
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