Facephi Secures a 5-Year Contract with a Bank Managing $14 Billion
Facephi announces the signing of a multi-year contract with a major Central American banking institution for the provision of mule account detection solutions and behavioral biometrics. This 5-year agreement focuses on the implementation of a next-generation fraud prevention system.
Significant Contract with a Major Financial Institution
Facephi has signed a 5-year contract with a major financial institution based in Central America. This institution, which holds assets exceeding 14 billion US dollars and manages over 5 million active accounts, will deploy Facephi's fraud prevention platform. The system is designed to protect the entire customer lifecycle and anticipate threats including synthetic identities, organized fraud networks, and automated fraud.
Advanced Multi-layered Solution
The solution provided by Facephi combines multi-biometrics, behavioral signals, and advanced analysis through artificial intelligence, integrated into a unified platform. The system's multi-layered architecture allows for the detection of anomalies and fraud patterns that might go unnoticed if analyzed in isolation.
Reaffirming Leadership in the Banking Sector
This agreement reaffirms Facephi's leadership position in the banking sector. With over a decade of presence in the Americas, including Mexico, Colombia, and Canada, the company now operates in more than 30 countries.
