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From malicious malware to sophisticated phishing schemes, banking institutions are under constant, multi-channel attack. By leveraging the strength of using multiple data sources and supervised learning technology, RiskShield provides a robust, agile solution with superb fraud detection results that are accurate and reliable. Criminals are increasingly turning to online fraud as more traditional channels become increasingly better protected. Fighting online bank fraud requires speed and flexibility. Real-time crime requires real-time detection in order to be deterred effectively. RiskShield has

Payment card fraud has been around for decades now, but since the introduction of cyber technology and e-commerce, it has increased significantly over the last 10 years. RiskShield offers card issuers and payment service providers a real-time fraud detection solution and protects the cardholders from compromised cards and Card-Not-Present fraud. Banks and financial institutions have always been a target for criminals. However, in today’s progressive technology age and given the exponentially growing online crime activity, financial institutions are finding it difficult to stay ahead of the curve an…

RiskShield is real-time fraud prevention solution that automatically assesses the fraud risk of a payment card transaction in order to protect honest merchants against card fraud and the acquirer against merchant fraud.Traditional card fraud changes due to the fact that a substantial share of card transactions are no longer related to the physical usage of the card. Security features like Chip/PIN are not applicable in Card-Not-Present transactions. The fastest-growing fraud without the actual card – either online, over the phone or through the mail, needs a different approach to protect an or…

RiskShield intelligence claim evaluation software identifies legitimate claims automatically for fast track settlement and flags suspicious claims for further investigations.RiskShield is a smart claim evaluation solution to optimize your claims handling process. As a supervised self-learning system, our decision engine automatically assesses the fraud risk of a reported insurance claim.How does it work? An insurance claim automatically classified by RiskShield as inconspicuous can be settled faster and is more cost-effective, thus strengthening customer loyalty. The solution incorporates proven…