TrueMoney announced the launch of a 3-layer anti-money protection system, 'TrueMoney 3 x Protection', in collaboration with security service provider 'SHIELD', a cybersecurity company, and 'Zolo. S' (ZOLOZ), a specialist in biometric authentication solutions.
TrueMoney 3 x Protection works in three main ways: detecting if it's you who actually accessed the account, detecting malware or suspicious apps, and stopping unusual transactions.
The first step is to verify that we are the real owner of the account. Even if a scammer tempts us until knowing the Pin and OTP is still not enough to gain access to our account. Because I have to go through another layer of scanning. which must be the face of the real account holder only In addition, the system can also detect IP address or Location if accessed from other devices.
The next step is to catch malware, money-swapping apps, and malicious apps. If accidentally installed on a device that uses TrueMoney The app will deny access permission.
and finally, stop unusual transactions by using AI to analyze behavior. If there is a suspicious transfer amount The system will request more users to verify their identity.
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