In the U.S. market only, in the year ending May 2005 banks and credit companies had to pay more than 8 Billion USD to recover fraudulent and illegal transactions . SeqUR brings a new method to assist and complement existing systems. According to Gartner, companies that use integrated fraud-detection approaches will see a 30% reduction in undetected fraud compared to those that use only point solutions.

With a 1:10,000 ratio between legal and illegal transactions it is highly important to have a system that will not create excessive noise on one hand, but will not oversee any fraudulent transaction on the other hand.

One of the major obstacles financial institutions are facing today is the fast growing paste in which consumers come up with new fraudulent methods. Systems should be able to identify not only known types of fraud but also new types of fraud and send an alert to security. SeqUR's solution is one of the few that can do that.

Bearing in mind that most financial organizations already have some sort of a fraud detection solution, SeqUR does not come to replace it but to complement it and add a different way to monitor the processes. The MDA2 model will assist the financial institution with the following tasks: