The approach proposed by RiskShield enables Arkéa to analyze large volumes of transactions in real time, in line with both regulatory requirements (PSD2) and innovative payment services (open banking, instant payment).
Lenaig Pons, Arkéa's Operational Risk Director, comments: "Arkéa has found a quality partner in INFORM. The Riskshield financial crime prevention solution fits perfectly into our operating processes and meets our specific needs as it integrates a machine learning environment with the possibility of connecting to our own modeling tools. The positive feedback from other financial institutions in terms of performance and flexibility confirms our choice".
“We are delighted to establish this partnership with Arkéa, a major banking group in France, and to share with them our experience in the fight against international financial crime," said Andreas Meyer, Executive Vice President Risk and Fraud at INFORM. "We are committed to helping Arkéa achieve its security objectives while innovating with them to stay one step ahead in the ever-changing payment ecosystem," concluded Andreas Meyer.
Arkéa is made up of Crédit Mutuel Arkéa and three regional federations representing three main French geographic zones (Brittany in the West and the South West of France). Arkéa has also a presence across Europe thanks to its corporate and online subsidiaries (Fortuneo, Monext, Financo, Arkéa Investment Services, Suravenir, CFCAL…). Arkéa is entirely owned by its customer shareholders. Arkéa employs 10,500 people, counts 3,000 directors and has a total of 4.6 million customers. The bank has 147 billion euro in total assets. Crédit Mutuel Arkéa ranks among the leading banks with headquarters in region.
More information about Arkéa on the website: www.arkea.com