Author: Vyntra

ng-news-mwallet-02 - Vyntra

NetGuardians’ software leads to arrests of mobile-wallet fraudsters

Our software helps banks and telcos detect fraudulent activity related to mobile wallets and ATMs, and has even helped catch the fraudsters red-handed, writes Bernard Rono Mobile wallet fraud is found wherever mobile wallet services are popular. This is a particular problem in Africa, not just for the banks and telcos operating them but for […]

Machine_learning_02 - Vyntra

Machine learning can stamp out internal banking fraud

By analyzing the behavior of staff, customer and the transaction itself, banks can spot and stop not only known fraud types but also new frauds, writes Joël Winteregg It takes on average 16 months to detect a fraud perpetrated by a member of staff. The average loss per case is $130,000. More than one-in-five involve […]