With the increase in digital transactions so is the increase in fraud risk and occurrences through the digital platforms. Financial institutions should be well prepared to detect fraud cases in their systems to avoid financial losses and risk Institution’s reputation, this has been made possible by Fraud Watch, a state-of-the-art solution that allows the institution to set a matrix of rules to be observed in transaction channels such as:
- Core Banking system
- Internet Banking
- Mobile Banking (APP and USSD)
- ATMs
- Any other transactional channel
Our solution helps in prevention of Internal Fraud, Payment fraud and enables AML Transaction Monitoring.
Benefits
Key Features
- Reliability: We leverage on AI and machine learning to ensure any suspicious transactions are flagged
- Seamless integration: Offers flexibility in integrating with other existing software in the financial institution.
- Efficiency: Ready to go AI risk models in place, ready to roll out.
- Machine Learning
- Block transaction
- Rate suspicious transaction
- Send alerts (SMS, Email)
- Dashboard analytics
- Allow human analysis on the portal
- Custom Reporting