Truliant Federal Credit Union Deploys Guardian Analytics To Enhance Online Security

Credit Union Implements FraudMAP(R) to Protect Growing Online Channel

LOS ALTOS, Calif., May 19 (allCUnews) -- Guardian Analytics, a provider of online account fraud prevention [1] software for the financial services industry, announced today that Truliant Federal Credit Union of Winston-Salem, N.C. has deployed FraudMAP(R) to proactively protect member assets from the growing organized cybercrime threat. Truliant selected FraudMAP for its proven behavioral activity modeling capability that detects online account compromises before financial fraud can be committed.

Truliant Federal Credit Union serves more than 180,000 members and over 850 companies and their employees throughout North Carolina, South Carolina, Ohio and Virginia. Due to the expansion and strategic importance of the online banking channel to deliver advanced services to their geographically dispersed members, the credit union recognized the need to provide its members with the highest level of security possible. It was essential that the solution be implemented without disrupting their existing online banking infrastructure.

"FraudMAP was easily integrated with our Digital Insight Internet Banking platform and immediately alerted us to attempted fraud," said Bob West, chief information officer, Truliant Federal Credit Union. "FraudMAP's behavior-based analysis capability makes our anti-fraud efforts proactive without requiring any changes to our online banking infrastructure or inconveniencing members."

"We are delighted to add Truliant Federal Credit Union to our growing list of FraudMAP customers. First generation approaches to protecting the online channel have proven insufficient to the evolving threat," said Terry Austin, president and CEO, Guardian Analytics. "Financial institutions such as Truliant need a solution like FraudMAP to automatically detect new threats without requiring rules development and maintenance."

About FraudMAP(R)

FraudMAP delivers better fraud prevention through more accurate detection, actionable analysis and increased visibility into suspicious online activity. Guardian Analytics' proprietary Dynamic Account Modeling(TM) technology models all individual online account holder activity session by session, from login to logout, to detect suspicious actions and flag behaviors inconsistent with predicted account holder behavior. FraudMAP makes anti-fraud efforts more proactive and optimizes financial institutions' limited resources by identifying and containing fraud incidents before losses occur. FraudMAP complements other existing technologies, such as enhanced authentication.

About Truliant Federal Credit Union

Truliant Federal Credit Union is a not-for-profit, financial institution that provides affordable financial services to its member-owners. Truliant was chartered in 1952 and now serves more than 181,000 members and has 25 member financial centers in NC, SC, OH and VA. For more information on Truliant Federal Credit Union, visit TruliantFCU.org.

About Guardian Analytics

Headquartered in Los Altos, Calif., Guardian Analytics is focused on the prevention of online account fraud. The company's real-time risk management approach to fraud detection, forensics and risk monitoring is built on strong analytics and predictive models of individual behavior. Leading financial services institutions rely on Guardian Analytics to protect individual account assets and the integrity of their online channels. Founded in 2005, Guardian Analytics is privately held with venture funding from Foundation Capital. For more information, please visit www.guardiananalytics.com [2].

SOURCE Guardian Analytics