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The OffLA Story

Mobile payments are fast becoming a primary payment instrument. Yet, being software-based, they are exposed to increased fraud risk and to complex security issues.

 

We have been around this arena of Payment Systems and Fraud Analysis for many years,and were looking for a solution for mobile payment fraud detection.

 

This is where we came up with the concept of turning the vulnerability of the mobile devices into an opportunity to enable mobile payment security:

 

Harnessing the power of the device CPU for protecting it!

 

Thus, we have invested several years of R&D to develop a patented ultra-light fraud detection model, which is optimized to the specific customer, the user of the smartphone. This ultra-light model is able to run on a smartphone's CPU, while still achieving a higher degree of accuracy than server-based systems.

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