CARY, N.C. — Covelight Systems is rolling out a new version of its online fraud detection software.
The 3.0 release of Precept includes identity-based fraud detection, analytics, forensics and reporting that is delivered in real-time. It is designed to operate without interfering with other application performance.
“Percept is already protecting online banking and brokerage applications at numerous financial institutions representing a combined $1.5 trillion in assets,” said Spencer Snedecor, Covelight’s chief executive officer. “This latest version will continue delivering value to our customers and strengthens Covelight’s technology leadership position in online fraud management.”
Covelight: www.covelight.com
