With traditional methods and rule-based solutions in the market, too many false positives are generated, and fraud detection is reactive. NetGuardians’ AI platform NG|Screener detects fraudulent transactions in real-time, reduces the number of false positives by 83%, fraud management time by 93%, discovers new fraud types, and reduces fraud losses.
Using NG|Screener’s pre-defined AI risk models, banks are able to tackle:
NG|Screener transaction scoring module enables transaction blocking within the core banking (pre-defined interface with already available major core banking providers) or within the transaction processing system of the bank. When a fraudulent transaction is detected, the transaction is blocked and an alert is generated in real-time and routed to the relevant stakeholders through a customized workflow. An integrated case manager ensures appropriate investigation procedures using NG|Screener risk dashboard and forensics tools.
We work closely with Microsoft to helps banks prevent fraud while taking advantage of the AZURE cloud environment.
Find out more at www.netguardians.ch or contact us at info@netguardians.ch.