Entersekt Adds Tools to Help Banks Block Fraudsters

Fraud prevention and payment security firm Entersekt debuted enhancements to its digital banking authentication platform.

The new offerings include Entersekt Orkestrate, a tool designed to simplify authentication for financial institutions, according to a Tuesday (Nov. 18) press release.

“As AI scams and fraud continue to evolve beyond login and payment transactions, banks require a solution that protects every interaction while minimizing integration effort,” the release said. “Traditionally, adding this robust security required consuming multiple APIs and dedicating significant time and resources to building complex business logic for every action, from login to money transfers. This effort takes time away from the critical operations that banks and digital platforms should focus on, such as delivering world-class customer experiences.”

Entersekt Orkestrate enables financial institutions to integrate once through a single API, and then activate multiple authentication journeys through configuration rather than new development, according to the release.

This approach orchestrates the entire security journey so banks and digital platforms “can focus on what they do best,” the release said. This means deployment times can shrink from more than a year to less than two months, helping financial institutions respond quickly to new fraud threats and still maintain user experience consistency and compliance.

“Our customers and partners shouldn’t have to rebuild authentication every time fraud evolves,” Mzukisi Rusi, vice president of product development at Entersekt, said in the release. “With Entersekt Orkestrate, one API unlocks every journey. It’s simple to activate, fast to deploy and built to keep financial institutions one step ahead of fraud.”

Entersekt CEO Schalk Nolte told PYMNTS this month about the paradox facing banks in the age of artificial intelligence. The same neural networks that can create a perfect fake voice or clone the face of a customer can also be used to spot those counterfeits.

“It’s a very interesting conundrum we’re in,” Nolte said. “AI democratizes attack vectors. You don’t need to be a specialist anymore to do an attack.”

Despite the noise surrounding synthetic identities and deepfakes, Nolte said the underlying principles of digital trust still stand.

Only by combining AI-driven insight with time-tested security fundamentals, and by working together across institutions, can banks stay on top of fraud, he said.