Powerful modeling and mapping technology allows our cutting-edge fraud-identification software to help banks, their customers and regulators understand a fraudulent transaction in an explainable way, writes Vivien Bonvin. Many frauds are detected by banks, but the customer sometimes overrides an alert to complete the transaction despite a fraud warning. In the first article in this series, […]
Never has trade been a greater focus of global attention. Never has trade finance been a greater magnet of digital innovations. Advanced technologies such as machine learning were recently launched on the market to help financial institutions better serve their clients and attract new funders. One theme, however, resonates frequently: banks’ internal systems are hard to […]
Long considered a pure technical function, archiving transaction data was a topic for the IT people to take care of. The need to access those archives was fairly limited and mostly linked to ad-hoc operational needs. Over the last decade though, regulatory requirements increased the importance of this function, and accessing transaction archives suddenly got […]
Clearstream, a global leader in the securities services sector, has selected Intix to manage its financial messaging data warehouse capability across its entire organisation.
Every transaction leaves a digital trace. When your fraud prevention software knows what to look for within that trace, it can distinguish between an account takeover and an authorized push payment fraud, giving vital context to better protect customers from the fraudsters, writes Vivien Bonvin. It’s sadly still all too common for bank customers to become […]
When financial institutions are able to distinguish between different types of fraud, they can speed up investigations, better protect their customers, cut costs and safeguard their reputations. Lonely, distracted, stressed? We all are at some point, leaving us vulnerable to making poor decisions. It could be a handsome man who gains your attention on a […]
When scammers launched a mass authorized push payment fraud attack on Nigerian banks earlier this year, one bank alone managed to spot and stop the fraudsters before any money had left its customers’ accounts. It was running NetGuardians software, write Jonathan Somers and Bernard Rono. Despite many banks increasing their efforts to combat payment fraud, […]
Sandy Lavorel reveals how netguardians has developed a way for banks to share information on fraud risk that significantly improves detection rates for fraud and identifies accounts used for money laundering. In a breakthrough in the fight against financial crime, the Swiss fintech has developed a way for banks to share information on fraud risk […]
Meet your financial crime fighter; Andrea Sagaseta. Andrea is the team leader for professional services at NetGuardians in the Cloud Services department. Her job entails liaising with the cloud and SaaS (software as a service) partners as well as with the in-house team that is developing NetGuardians’ SaaS offering. It’s a job that demands a […]
