Financial Fraud Prevention is Broken. CheckMate is the key to fixing it.
Cyber criminals have realized that to rob a bank they no longer have to break in. The banks’ customers will (unwittingly) open the front door for them. Authorized Fraud has left banks’ defenses irrelevant and their customers exposed.
CheckMate is the solution both have been waiting for.
The Perfect Fraud Storm
The battlefield of financial crime is fast changing. Increased adoption of real time payments, the rise of new disruptive technologies and breakthroughs in the fight against unauthorized fraud, have set the stage for an eruption of Authorized Fraud. It is no longer sufficient for banks to solely protect their customers’ accounts; They must now protect the customers themselves.
Real-Time Payment Transactions
US & UK projected scam losses
That’s where Checkmate comes into play
Authorized Fraud Prevention Reinvented
The Checkmate Leadership
Advisory & Board
Ex Head of Open Banking Implementation Entity UK; Ex Global Fintech partner at EY
Ex Global Payments Technology Chief Information Officer (CIO) at Barclays; UK Payments Industry Expert
Founder, CEO and Chairman of multiple Fintech Unicorns: Fundtech (acquired by Finastra), ezbob, Earnix
Managing Partner and CTO of The Garage; Former Head of Cyber Security & Head of Data Science Department of Unit 8200, IDF (equivalent to NSA)