Financial Institutions

Integrated AML and Fraud Detection for Financial Institutions

Financial institutions face increasing cyber threats like phishing, ransomware, and account takeovers fueled by cybercriminals using Generative AI as technology advances. Navigating heavy regulation, they must stay compliant with evolving Anti Money Laundering (AML) and anti-fraud rules, a resource-intensive effort with severe penalties for non-compliance. Mitigating fraud and compliance risks demands advanced IT, skilled personnel, despite limited technology resources.

INFORM's enterprise risk and financial crime management solution empowers financial institutions to fortify their resilience against both today's challenges of risk and fraud and tomorrow's uncertainties. Simultaneously, it ensures compliance with AML regulations by implementing real-time Hybrid AI technologies, available as both on-premise and cloud-based (SaaS) options. This flexibility offers a forward-looking solution that adapts to meet evolving industry demands. 

Man solving a wooden puzzle (GJKD Banks)

Challenges 

  • The sophistication of cyberattacks stresses effectiveness of detection and prevention measures
  • Substantial resources and expertise needed to navigate complex and evolving AML regulations
  • Instant payments demand real-time monitoring for swift detection and addressing of suspicious activities
  • Balancing fraud prevention and AML with seamless customer experiences is intricate
  • Staying ahead of tech-savvy criminals requires ongoing tech investments

Take your fraud prevention management to new levels with INFORM's all-in-one Hybrid AI fraud management and AML compliance platform.

By leveraging modern AI technology, including knowledge-based expertise and data-driven ML, INFORM ensures superior fraud detection with full transparency.

Our self-learning solution offers a holistic view of fraud and risk across all channels, enabling quick adaptation to new threats and scalability. This keeps financial institutions ahead in the fight against financial crime while ensuring efficiency and reliability.

Data-driven fraud prevention software for financial institutions

Benefits

  • Elevate your fraud detection capabilities with advanced analytics, patented technology, and intelligent profiling
  • Leverage our powerful real-time detection engine for swift decisioning on emerging threats
  • Confidently meet AML challenges with risk view, real-time adaptability, and efficient rule management
  • Future-proof your systems with adaptable, scalable Hybrid AI for effective fraud prevention against emerging threats
  • Gain key business insights through visual analytics and detailed reports, enhancing strategic decisions
  • Enjoy flexible deployment with options for cloud-based (SaaS) solutions or on-premise, tailored to fit your operational needs

Success Stories

References
 

More than 250 companies in finance, insurance, and telecommunications protect their customers with the holistic risk & fraud solution portfolio offered by INFORM, including:

Overview with logos of RiskShield customers in the banking sector

DISCOVER OUR Finance Solutions

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Instant Payments

Our real-time risk control engine helps all banks and payment service providers to fulfill the obligation to implement SEPA Instant payments while complying with the regulations without compromising security of their consumers and risking reputation or fines.

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Customer Watchlist Screening

Fast and reliable watch list screening for monitoring real-time payment transactions and customer databases.

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Know your Customer & Customer Due Diligence

Automate your KYC & CDD processes with RiskShield – for real-time monitoring, flexible rule management, and full regulatory compliance.

Euro notes in laundry as money laundering metaphor – visual for AML compliance and suspicious activity monitoring

Suspicious Activity Monitoring

Detect suspicious activity faster and with greater precision. RiskShield helps you reduce false positives, stay compliant, and handle AML cases efficiently – in real time and across all channels.

Sorting mandarins on a conveyor belt as a metaphor for Transaction Sanction Screening: RiskShield screens every transaction in real time, reduces false positives, and ensures compliance with EU, OFAC, and UN regulations

Transaction Sanction Screening

RiskShield Transaction Sanction Screening keeps your payments compliant in real time. Reduce false positives, meet global regulations, and protect your reputation without slowing down business.

DISCOVER OUR Information Material

RiskShield AML paper "Customer Watchlist Screening"

Customer Watchlist Screening

RiskShield’s cloud-based SaaS solution supports financial institutions in complying with EU instant payment regulations and optimizing operational efficiency.

Mockup of our paper "Risk Assessment and Fraud Prevention" on a grey background

RiskShield for Card Fraud Prevention, RBA & Merchant Protection

Discover RiskShield's holistic approach to reducing fraud losses and ensuring seamless financial operations, from real-time risk assessments to compliance protection.

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RiskShield for Fraud Prevention in Online & Mobile Banking

RiskShield leads the charge in safeguarding banking sessions and provides proactive protection against emerging threats.

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An Integrated AML & CTF Strategy

Explore how RiskShield can optimize your AML/CTF monitoring process with real-time insights and AI.

Find more interesting info papers, brochures, and other downloadable assets on RiskShield in our section Expertise.

Halyna Hermanns

Halyna Hermanns

Business Development Manager | Risk & Fraud

Halyna Hermanns is a Certified Anti Money Laundering Specialist (CAMS) at INFORM's Risk & Fraud Division. She has been involved in many AML Compliance projects in the payment and cards area, for example in transaction monitoring, customer due diligence and terrorist financing. Previously she was an AML Analyst at one of the largest international banks in Poland.

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