Fraud detection

Out-smart and out-pace financial criminals

Detect anomalies in your big data in real time. Reduce risk and increase efficiency.

Fraud is coming at banks from all directions
To stay a step ahead, financial institutions need to continuously monitor every kind of transaction, across every part of their organization. They need reliable alerts of anomalous behavior, the instant it occurs. Only then can they mitigate risk, protect against losses, and defend their hard-won reputations
Solution Components

Responsive Design

Credit

Employ advanced detection solutions in order to detect new credit fraud techniques. Reduce losses with accurate, early detection.

Responsive Design

Online/Digital

Use the most innovative solutions to catch digitally savvy financial criminals. Expand the capabilities of legacy tech with a solution built for digital banking.

Responsive Design

Check

Use sophisticated solutions to detect common fraudulent activity. Minimize customer risk. Eliminate reimbursement claims with accurate identification.

Responsive Design

Loan

Accurately identify fraudulent applications, even where sophisticated bypassing methods are employed. Minimize damage with earliest identification of fraud.

Responsive Design

Payments

Stay relevant and up-to-date in the fast changing payments market with advanced monitoring, as transactions continue to move online.

Responsive Design

Correspondence

Mitigate the risks entailed in international transfers with the world’s first correspondence fraud and AML solution which uses only SWIFT data.

0million transactions analyzed
0million Euro of previously undetected fraud
0new fraud patterns

Case Study: Fraud detection for retail banking

Download our case study to find out more about how ThetaRay provided immediate ROI for a European retail bank, as well as reducing the number of alerts by over 50%.

Monitoring of fictitious transactions

Our client suspected that spy malware took over their customers’ devices, creating fictitious transactions. Incumbent legacy systems were unable to detect the criminal activity and were overwhelming analysts with thousands of false positive alerts.

0million transactions analyzed
0million Euro of previously undetected fraud
0new fraud patterns

Accurate, meaningful fraud detection

Expose previously undetected fraud

Identify both known and unknown risks, and minimize exposure by detecting threats early.

Reduce operational costs

Reduce superfluous investigations and eliminate known false positives with efficient, automatic, accurate rule-free detection

Deploy rapidly

Integrate quickly and painlessly. Experience the fastest time to value with minimal disruption to existing workflows

Responsive Design

Increase holistic detection

Leverage every available data source relating to customer risk. Demystify your data and effectively target real threats

Mitigate damage

Improve decision making, optimize investigation processes, and train the system on new and emerging patterns
How confident are you in your ability to detect fraud?

Request a demo with our team