Q2 Rolls Out New Fraud Screening Software

Austin-based digital banking software developer Q2 Holdings announced a new software product this week, called Q2 Patrol, which it says helps financial institutions detect high-risk non-transactional fraudulent activity. Pricing on the new software was not announced. Q2 said the new product uses machine learning to identify potentially fraudulent digital banking sessions, using such information as past login behavior and device details, including IP addresses, geolocation, device type, time stamps and more.