Authentication & Authorization

Premier authentication and authorization for credit unions

Combat fraud with industry-leading authentication and authorization solutions.

Woman viewing digital authentication and authorization data on a futuristic interface

Stay Ahead of Fraud with Advanced Technology

Detect Fraud Across Channels in Real Time

Prevent Account Takeovers and Card-Not-Present Fraud

Reduce Fraud Losses and Chargebacks

Enhance Security with Biometric Authentication

Intelligent Fraud Authentication for Proactive, Connected Protection

Fraud is an ever-evolving threat. To stay ahead, credit unions must leverage innovative approaches to enhance their fraud strategies while improving member experience.

Velera’s cutting-edge fraud authentication and authorization solutions leverage AI, machine learning and biometric authentication to proactively detect and prevent fraudulent activity before it impacts your members.

With seamless integration, our solutions help you:

Leverage AI and machine learning to detect anomalies
Automate fraud alerts and minimize member disruption
Securely verify member identities with advanced biometric technology
Reduce manual review time with intelligent fraud decisioning

Technician using laptop in data center, managing AI-driven fraud detection systems

Comprehensive Authorization Solutions

Ensuring maximum security, our fraud authentication and authorization suite includes:

IDCheck: Smart device authentication within the Shared Branch network
Rewards: Neural network monitoring and machine learning scoring prevents fraudulent bill payment or rewards redemptions
Secure Online Transactions (3DS): AI-powered transaction monitoring to prevent BIN attacks and unauthorized activity
Token Management: Preauthorization fraud protection for secure digital transactions
Intelligent Fraud Decisioning: Transactional engine that adapts quickly to trends and supports a reduction in chargebacks, false positive ratios and losses
Risk Scores: AI-driven model enhances fraud identification and decisioning