Tietoevry Banking Fraud Prevention Suite
Tietoevry Banking’s Fraud Suite is a leading real-time monitoring platform delivered as SaaS or in combination with our managed services for a full-spectrum approach to the detection and prevention of financial crime.
With more than 25 years’ experience in fraud prevention services, we work with over 100 banks and fintechs across Europe. Our experienced team of fraud experts works with industry-leading AI and analytics to help clients identify and prevent fraud.
The platform offers multiple monitoring services across the entire value chain, from KYC and client screening at onboarding through card transaction monitoring, account fraud monitoring, 3D Secure and token enrollment monitoring to fraud case management, investigation and regulatory reporting. Services in our Fraud Suite may be delivered on a stand-alone basis or combined with our Identity Suite and our card transaction security systems.
Our platform consistently delivers a better than 90% detection rate for clients, 24/7, 365 days a year. Download a one-page overview of our Fraud Suite or read on for more about our services across the client lifecycle below.
AI and detection of Fraud
Since 2018, we've been at the forefront of using supervised AI models for fraud prevention in Financial Crime Prevention (FCP). Our advanced models analyze complex data inputs in real-time to block suspicious transactions effectively.
Jarle Engh
Sales Executive
Solutions within our Fraud Suite
Fighting fraud along the value chain
An innovative risk engine
The cornerstone of our monitoring platform, Tietoevry Banking’s risk engine reviews authorization and authentication data to stop high-risk transactions in real-time. Our risk engine combines Artificial Intelligence and Machine Learning with advanced analytics and human intelligence to respond to new types of fraud as they emerge.
Monitoring that spots and stops fraud
Our monitoring platform provides real-time monitoring for all types of payment-related transactions, such as Card Transaction Monitoring, Account Fraud Monitoring and 3D Secure Monitoring. Our monitoring platform stops suspicious transactions and flags high-risk transactions for further investigation. It can be set up to monitor any type of dataset to prevent fraud before it happens.
Investigation and Case Management
Our monitoring platform includes investigation and case management modules. These can be set up as Business Process Outsourcing (BPO), including investigation and response teams that perform follow-up tasks for end-user accounts 24/7/365, such as blocking and more. We have a flexible delivery model which supports various levels of BPO service on top of our fraud monitoring platform.
Data insight
Tietoevry Banking’s Fraud Suite provides an analytical dashboard that provides updated data and statistics regarding developments and trends in fraud. This is a business intelligence tool that enables the dynamic presentation of accumulated data.
Monitoring
Card Transaction Monitoring 3DS Monitoring Account Fraud Monitoring Token Monitoring
SaaS and Managed service
Whether you need a single component or full BPO, we got you covered. Our platform is delivered as a modular SaaS solution and we offer outsources fraud operations as a managed service.
Reporting and analytics
The data produced by our fraud prevention system is utilized in our reporting platform to compile fraud reports for authorities as well as generating valuable fraud insights in live dashboards.
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