
The Co-operative Bank of Epirus has increased the level of security it provides to its customers by adopting an AI-based Quadible solution for the behavioral identification of its customers. The service evaluates more than 14 unique characteristics of the client’s behavior, which allows you to conduct transactions through mobile banking with greater security and efficiency. Quadible is an award-winning startup by Greek cybersecurity scientists based in London and Athens and backed by Natech.
The service constantly verifies the user’s identity during transactions without requiring the user to take any action. It studies his behavior patterns and creates a profile of him by combining observations of his movements, his biometrics, the way he uses his mobile phone and the type of operations he performs, identifying his personality with great accuracy. The adoption of the use of the solution is always carried out with the consent of the user, respecting the confidentiality of his personal data.
For more secure online transactions using artificial intelligence.
Replacing the identification code required for every transaction with behavioral identification makes the Co-operative Bank of Epirus the first bank in Greece to implement an AI-based solution. This solution is based on how the customer uses their smartphone and provides extremely high accuracy in identifying them, preventing digital threats.
Ioannis Vougiukas, Managing Director of Epirus Cooperative Bank, emphasized that “thanks to our collaboration with Quadible, we are significantly improving the protection we provide to our clients in terms of cyber security. Our clients can conduct all transactions digitally in a secure environment with competitive fees and charges. The bank’s digital transformation, using modern technological tools, continues steadily and successfully to maintain its strong position in Epirus to strengthen the local society and economy.” For his part, Niklas Palagias, Managing Director of Quadible, expressed his satisfaction that the Co-operative Bank of Epirus was the first bank in Greece to adopt a solution for permanent behavioral identification.
Source: Kathimerini

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