Community Scoring and Intelligence
NETGUARDIANS
Empowering Financial Institutions to Combat FinCrime Collaboratively
The Rising Threat in Financial Crime
In today’s digital age, financial institutions face an escalating wave of sophisticated scams. From romance scams to complex investment scams, criminals are not only becoming smarter but are also collaborating more effectively than ever. A staggering 94% of fraud incidents now involve intricate scams, exploiting the trust and resources of banks and their customers. In the instant payment world, criminals are transferring illegal proceeds across the banking ecosystem in a fast way. In fact, payments could swiftly traverse multiple money mule accounts within minutes. These highlight a challenging shift, emphasizing the need for a proactive and effective approach to fraud prevention.
Introducing Community Scoring and Intelligence
At Vyntra, we understand that it takes a network to defeat a network of criminals. Our Community Scoring & Intelligence (CS&I) solution is designed to transform how financial institutions combat fraud, scams, and money mules. By harnessing the collective intelligence and insights of a networked community transformed into a powerful scoring capability, CS&I significantly boosts your ability to detect and prevent financial crime more effectively, all while being fully compliant with GDPR and nLDP regulations.
Key benefits
How It Works
“Together we try to find new ways to mitigate these new frauds and improve our risk-models.
It is important for us, that other community members can benefit in a trustworthy environment from frauds which we have encountered."
“The Community Scoring & Intelligence Service will help organizations better protect themselves from cybercrime and fraud. We are pleased to be involved in this global movement to stop the fraudsters and help financial institutions protect their customers.”
“Banque Cantonale de Fribourg (BCF) significantly benefits from Community Scoring & Intelligence service since its implementation. Thanks to the power of NetGuardians’ shared intelligence, we enhanced the effectiveness of our defense strategy, allowing us to make more informed decisions. The ability to automatically integrate, capture and share insights from them allows us to flag fraudulent counter-parties already identified by the community. At BCF, we believe sharing intelligence is the way to combat fraud. We highly recommend this service for any organization looking to improve its risk management strategy.”
Would you like to learn more about our solution?
Join our network of financial crime fighters
CS&I is not just a tool; it’s a partnership. By joining, you become part of a formidable community of financial institutions united against financial crime. Together, we can protect our customers, reduce operational costs, and maintain the integrity of the financial system.
Take a proactive stance against financial crime with Vyntra’s Community Scoring & Intelligence. Connect today to learn how collaboration can transform your fraud prevention strategy.