[April 14, 2014]

City National Bank Selects Easy Solutions to Better Protect Customers against Fraud

Easy Solutions^®, the Total Fraud Protection^® company, today announced that City National Bank, the fifth-largest Florida-based financial institution with more than $4.9 billion in assets, has selected Easy Solutions to protect its clients throughout every stage of the fraud lifecycle. City National Bank offers the Florida community a diverse portfolio of financial products and services throughout its 26 locations, and will be deploying the Total Fraud Protection suite of products from Easy Solutions to further solidify its anti-fraud strategy.

The Total Fraud Protection platform delivers proactive, integrated, cross-channel fraud protection across transactions performed through online and mobile platforms, as well as via ATMs, Point-of-Sale terminals, and Interactive Voice Response (IVR) systems. This ability to quantify and protect against cross-channel risk in real-time continues to grow more critical as criminals leverage multiple channels to conduct highly sophisticated fraud.

"The fraud landscape is evolving at such a rapid rate that it is absolutely critical to take a proactive stance and embrace a multi-layer approach to security," said Lloyd DeVaux, Chief Operating Officer for City National Bank. "We chose Easy Solutions because they have proven to be one of the industry's most innovative providrs of integrated fraud prevention solutions. Easy Solutions automates the time-sensitive and manual risk management processes encountered by every security team, and will better enable us to respond faster and more efficiently to every type of threat."

City National Bank is implementing the comprehensive Total Fraud Protection platform from Easy Solutions, including DetectTA^®, the company's real-time transactional anomaly detection technology recently recognized by NetworkWorld as one of the Hot Products at the 2014 RSA (News - Alert) Conference. DetectTA can proactively qualify transaction risk based on divergence from usual behavior, creating immediate notifications of possible attacks, and allowing City National Bank to stop fraud before it happens.

"Like the many other banks and financial institutions that we work with, City National Bank recognizes the need to inject intelligence and automation into the fraud detection process," said Ricardo Villadiego, CEO of Easy Solutions. "Easy Solutions is the only platform on the market that integrates phishing and malware detection, device authentication, and transaction risk scoring into a single, unified platform. We look forward to working with City National Bank, helping them improve the customer experience and create competitive new service offerings while reducing their risk of fraud."

ABOUT CITY NATIONAL BANK

Headquartered in Miami, City National Bank (CNB) is the financial institution to which Floridians have turned for more than 65 years. With more than $4.9 billion in assets, CNB is the fifth-largest financial institution based in the state. City National Bank is one of the most liquid and best capitalized banks in Florida and is rated 5 stars "Superior" by BauerFinancial. CNB was voted Best Community Bank, Best Business Bank, Best Bank for Commercial Real Estate, Best Bank for Jumbo Loans and a top private bank by the readers of the Daily Business Review. The South Florida Business Journal named it Business of the Year in 2013 and Community Bank of the Year in 2013 and 2011. CNB offers a diversified portfolio of financial products and services at 26 convenient banking centers from Miami-Dade County to the greater Orlando area.

ABOUT EASY SOLUTIONS

Easy Solutions delivers Total Fraud Protection® to over 200 clients, with over 50 million end users. The company's products protect against phishing, pharming, malware, Man-in-the-Middle and Man-in-the-Browser attacks, and deliver multifactor authentication and transaction anomaly detection. For more information, visit http://www.easysol.net, or follow us on Twitter (News - Alert) @goeasysol.

United States: 1401 Sawgrass Corporate Parkway, Sunrise, FL 33323. Tel. 1 (866) 524 4782

Latin America: Cra. 13A No. 98 - 21 Of. 401. Bogota, Colombia. Tel. +57 1 - 742 5570

[ Back To TMCnet.com's Homepage ]