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Cybersecurity for Fintech
Block Fintech Fraud
Before Transactions
Happen
Score user risk in milliseconds across payments, login, and API usage
Stats on Fintech Breaches
70%
Digital Fraud in Finance
Fraud events at financial institutions occurred 80% via online or mobile channels
63%
Of financial organizations
Lost over $1 million to fraud
$290K
Costly Identity Fraud
Companies (45%) and end-users (44%) reported identity fraud at least once; average fraud cost per event was $300,000
Why Fintech Data Security Matters
Payment Fraud Can Erode Trust and Compliance
In the fintech industry, real-time transactions come with real-time risk, especially when it comes to payment fraud and false declines. Our adaptive fraud detection ensures every transaction is evaluated without disrupting legitimate users.
Fintech Onboarding is Vulnerable to Fake Accounts and Bonus Abuse
Fraudsters exploit digital onboarding flows digital onboarding flows to create synthetic identities, bypass KYC checks, and abuse signup incentives. CrossClassify prevents fake account creation through layered identity, device, and behavioral analysis.
Traditional Cybersecurity Misses Post-Login Threats
Most fintech fraud happens after login—via social engineering, session hijacking, or silent fraud. CrossClassify delivers post-login behavioral analysis to detect risky behavior even from verified users.
Bots Are Exploiting Fintech APIs at Scale
Fraudsters automate attacks on fintech APIs to test stolen cards, scrape pricing, or simulate activity. CrossClassify detects bot fraud in real-time across APIs, mobile, and web traffic.
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Solution
Issues We Resolve
We protect your app from the most prevalent cyber attacks
Fintech ATO Defense, Built for Scale
Reduces fintech ATO fraud by ~75% within weeks.
$12B
In fintech losses globally attributed to account takeover fraud.
43%
Of fraud incidents reported by digital banks are ATO-related.
How We Prevent Account Takeover
Prevent identity theft and data breaches caused by unauthorized access to user accounts. Account Takeover (ATO) attacks exploit vulnerabilities using tactics like impersonation, keylogging, smishing and phishing, and session hijacking, putting sensitive information and trust at risk.
Learn More ❯Continuous Monitoring for Fintech Risk Signals
CrossClassify continuously monitors fintech user behavior, devices, and session data to detect emerging fraud patterns in real-time. This proactive layer is critical in financial services where attackers often operate slowly and across multiple touchpoints. By analyzing login, transaction, and KYC signals, we help fintech companies maintain adaptive risk scoring across the entire user journey.
Behavior Analysis for Transaction and Login Fraud
Fintech platforms face evolving threats like session hijacking, transactional fraud, and device spoofing. Our platform applies behavioral analysis to detect anomalies in typing, swiping, and mouse movements that flag suspicious sessions. This strengthens fraud prevention during high-risk moments like fund transfers or loan applications.
Geo Analysis for Fintech Transaction Integrity
Fintechs often operate across borders, making them vulnerable to IP spoofing, proxy abuseproxy abuse, and geographic fraud patterns. CrossClassify correlates IP, device location, and user behavior to flag abnormal access from high-risk or unexpected regions. This helps financial apps detect geo anomalies in login attempts, wire transfers, and payment processing.
Link Analysis to Uncover Fraud Rings
Fraud in fintech often involves interconnected users, shared devices, or repeat patterns in identity usage. Our link analysis engine connects the dots between accounts, IPs, and devices to expose bot networks, fraud rings, and synthetic identity clusters. This is essential for detecting collusive behavior in digital banking and fintech apps.
Enhanced Security and Accuracy for Financial Transactions
CrossClassify combines machine learning, device intelligence, and real-time scoring to deliver unmatched accuracy in fraud detection. Our engine adapts to fintech-specific workflows like peer-to-peer transfers, microloan approvals, and instant credit checks, minimizing false positives and enhancing user trust.
Seamless Integration with Fintech Infrastructure
Whether you're using banking APIs, core processing platforms, or mobile-first apps, CrossClassify integrates easily via SDKs and APIs. Our integration model ensures minimal latency and quick deployment into payment gateways, identity flows, and customer onboarding pipelines.
Real-Time Alerting and Notification for Fintech Teams
Receive real-time alerts for risky sign-ups, unusual login attempts, or suspicious transactionsdirectly in your fraud ops dashboard or SIEM system. Customize thresholds for specific fintech flows like card issuance, mobile wallet access, or investment account creation to respond fast and reduce risk exposure.
Compliance
From Regulation to Reputation
GDPR: Securing EU Data via Safe Handling and Breach Reporting
Meta (Facebook) was fined €1.2 billion for unlawful data transfers to the U.S.
Amazon Europe was fined €746 million for processing personal data without valid consent.
PCI DSS – Sets standards for encrypting and securing payment card data.
Heartland Payment Systems paid over $110 million in settlements after a data breach involving 100M+ cards.
Non-compliant merchants risk $5,000–$100,000/month in penalties from card brands.
Real-Time Fintech Risk Scoring
CrossClassify analyses account events, login, transactions instantly to assign adaptive risk scores. This supports instant decisions and regulatory compliant workflows. Keeps regulatory compliance intact and reduces fraud latency.
Behavioral Intelligence for Fintech Fraud
We analyze device behavior, user biometrics, and session patterns to detect and block fraudulent fintech activity in real time. Our system flags credential stuffing, automated account takeovers, and API abuse before they escalate. This allows neobanks, payment platforms, and digital lenders to stop bot-driven fraud without disrupting user experience.
Compliance-Ready for Fintech
Our platform supports PSD2, GDPR, KYC/AML controls while preserving seamless onboarding and CX. Ensures fintechs comply without sacrificing conversion.
Customer Stories
Trusted By Security Teams
We wanted better post-login fraud detection, but we didn't want to create another queue of alerts for our team. After adding CrossClassify, manual investigation time dropped by 58%, while we identified 4x suspicious sessions in the first six weeks that our existing controls hadn't surfaced.
58%
drop in manual investigation time
4x
more suspicious sessions identified
Nick Chang
COO, Helfie
Our concern wasn't whether we needed more visibility, we knew we did. It was whether getting it meant rebuilding the WAF and MFA setup we already had. CrossClassify was running alongside our existing stack in under 48 hours, and within the first month it surfaced 37 suspicious sessions we wanted our team to investigate.
<48h
to run alongside existing stack
37
suspicious sessions surfaced in month one
Dr Merran Cooper
CEO, Touchstone Life Care
We weren't debating whether we needed better visibility on our developer portal logins, that part was obvious. What held us back was assuming it meant standing up a whole new alerting pipeline for the team to babysit. CrossClassify slotted in without adding a single new queue, and it cut our team's manual login review time by 46% within the first three weeks.
46%
drop in manual login review time
3 weeks
to achieve the reduction
Anastas Manojlovski
CEO, Roast my IVR
We knew our enterprise SSO logins needed tighter monitoring, no argument there. The hesitation was purely about whether it meant rearchitecting how access works across Teams, WhatsApp, and email sharing. CrossClassify ran alongside our existing setup with zero changes to that flow, and over the following two months it surfaced 3x more suspicious sessions than our previous setup ever caught.
3x
more suspicious sessions surfaced
2 months
to measure the increase
Ali Najmi
CEO, SharePad
Frequently asked questions
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Elevate your Fintech app's security with CrossClassify. Schedule a personalized demo to see how we protect customer accounts and ensure compliance with industry standards.
