Counter financial fraud effectively
Keeping one step ahead of fraudsters is a challenge to the banks at the best of times. In today’s changing environment, when it comes to countering financial fraud, banks need to ensure that they have the most sophisticated fraud management platform which will enable them to maintain a state of the art library on potential fraud scenarios. Combat implements such a comprehensive library of scenarios in tracking fraudulent behaviors.
With the introduction of real time and near real time payments, banks have a split second window to screen transactions for fraud patterns
Increased customer base and reduced screening time demands racer sharp, high performance screening mechanisms.
Combat real time and near real time screening solutions offer accurate and in a flash transaction screening capability.
How can Evolvus assist in combating financial fraud?
Combat is a comprehensive Anti-money laundering and fraud management platform which can work integrated with transaction systems and analyse patterns real time. Combat can also work on transaction data stores and identify suspicious transactions. Both use common proprietary pattern recognition libraries to identify suspicious activities to near accuracy.