"You can often get in front of it before the fraudster has a chance to move the money," Austin said. "We can clear out a lot of that threat before it becomes a monetary risk."

FraudMAP Mobile has been tested by a few financial institutions, Austin said. Guardian Analytics counts about 160 customers for its product, including financial institutions such as Pacific Continental Bank, which operates in the U.S. Pacific Northwest; Star One Credit Union based in Silicon Valley in California; and NEFCU, a New York-based credit union.