NetReveal Payments Fraud

Identify and block payment fraud faster and smarter using the latest behavioural profiling, anomaly detection and machine learning techniques.

NetReveal Payments Fraud employs a combination of predictive analytics and machine learning techniques to uncover suspicious behaviour across all channels.

NetReveal helps banks meet fraud threshold targets and as a result reduce the barriers for accessing new opportunities whilst keeping their services closed to criminals.

NetReveal provides:

  • Smarter alert generation – Constant monitoring of pre-defined thresholds and rapid adjustment of pre-set rules and predictive models
  • Streamlined fraud operations – Reduced investigation time and expense by automating transaction interdiction, incident assignment, event visualisation and reporting
  • User behaviour monitoring across all channels – Connect suspicious activities and follow account holders as they navigate and execute payments across traditional and digital services
  • Open Banking / PSD2 Ready – Constant monitoring of pre-defined thresholds and instant adjustment of detection models. Includes configurable Transaction Risk Analysis (TRA) rulesets that power risk-based decisions for StrongCustomer Authentication (SCA)
  • Granular Governance – With full model audit and explainability the NetReveal Advanced Analytics Platform empowers citizen data scientists to create, enhance and monitor detection models in alignment with compliance frameworks
Product and service specifications
Database
• N/A
Language used
• N/A
Operating system
• N/A
Pricing structure
• N/A
User interface
• N/A
Tags:
20022, real-time payments, digital payments, SCA, PSD2, Open banking, mule accounts, APP, fraud detection, fraud prevention, BEC, CEO fraud, first party fraud, invoice fraud, insider fraud, TRA