Case Study: CPN Ecuador eradicates new account fraud with ThreatMark Behavioral Intelligence Platform

CPN eliminates 100% of new account fraud with ThreatMark

CPN Ecuador, a financial cooperative serving nearly 200,000 members including Ecuador's National Police, faced significant challenges with new account fraud. Fraudsters were exploiting their loan services, resulting in substantial financial losses and reputational risk. To address this, CPN partnered with ThreatMark to implement its Behavioral Intelligence Platform for automated, real-time fraud detection.

By deploying ThreatMark's solution, CPN Ecuador eradicated new account fraud entirely, preventing the loss of hundreds of thousands of dollars. The platform also reduced false positives, eliminating customer friction and improving the overall banking experience. This successful implementation from ThreatMark bolstered member trust, decreased manual workloads for the security team, and prepared the institution for evolving compliance requirements.

CPN