An increasingly demanding regulatory framework. The rise of European regulations is a key factor in this development. The PSD2 directive requires financial institutions to strengthen identity and authentication controls, particularly when setting up new beneficiaries. IBAN verification is now integrated.
At Meelo, we pride ourselves on constantly innovating to offer you ever more powerful solutions. To meet the growing need for security and fluidity in user identification, we are pleased to introduce Mobile ID, a key component integrated into our Identity Trust Score for Individuals.
Mobile ID allows you to verify identity information more efficiently by relying on data provided by telephone operators. This new identity verification solution optimizes the accuracy of our scores and helps you better protect your business against fraud attempts.
The FIDA (Financial Data Access) regulation is a continuation of the DSP2 directive, by expanding the opening of financial data to new sectors. Where DSP2 mainly focused on banking data, FIDA aims to go further: insurance, savings, credit, investment ... so many areas concerned by this new European regulation.
Let us continue our Immersion behind the scenes of the Meelo solution with a focus on the evaluation metrics used in our tools to combat fraud. If the Gini index remains a historic and recognized standard in the banking sector, our engagement for ever more efficient and responsible detection pushes us to go further and to integrate the most relevant metrics on the market. It is in this perspective that we have chosen to adopt, in addition to the Gini, an even finer measure in its probabilistic reading: the Brier Score. Our goal? Offer you a precise reading of your predictions and increased confidence in your decision -making. Explanations!