SMASH® was initially developed (and is constantly evolving) in order to protect financial institutions against internet banking frauds. It provides a wide range of powerful algorithms developed to identify and protect from phishing, account takeover and financial malware. It is possible to configure different kinds of controls to provide a deep analysis of critical transactions, correlating anti-malware checks, user behavior analysis and typical fraud pattern attacks.
The growing number of financial transactions via mobile banking determined the choice to develop a dedicated module of SMASH® to cover up the mobile banking channel.
New innovative payment services like P2P (person-to-person) and e-wallet can now be protected with an innovative solution aimed to fight fraud with security checks, correlating user behavior analysis with the risk score of the mobile device used.