Integrated Enterprise Fraud Risk Management Solution

Blue Fintech offering a product of Enterprise Fraud Risk Management Solution with Patented Technology. There is a significant business need for inexpensive, adaptable, real-time, cross-channel fraud detection and prevention solutions. Blue Fintech has defined a new way forward to address the issue through its highly flexible Fraud risk solution which has been successfully deployed and proven in leading banks in India, Middle East, Asia and Overseas.

This fraud risk management solution is a highly advanced and is ideal for Banks and Financial institutions which wish to be ready for the new era of risk and fraud management. This is a complete solution to address fraud detection for Issuers, Acquirers and Processors. This products smartly blends the base technologies of Business Rules, Data Mining, Statistical Analysis and additional techniques like Complex Event Processing and Integrated Scoring to create a comprehensive self-learning solution. These techniques have been modulated for faster and precise fraud detection. In addition, these techniques help adaptive learning and are thus able to cover difficult to detect frauds as well.

Special Features:

  • Artificial Intelligence (AI): Neural Networks and Support Vector Machine based Clue Detectors.
  • Business Intelligence Rules: BI tools help the forensics experts with a single unified view and offers a powerful and flexible rule builder engine as a key differentiator.
  • Complex Event Processing (CEP): Helps detecting patterns and relationships between events and offers event filtering, aggregation and abstraction.
  • Hybrid Scoring System: Combination of Rule System, Complex Event Processing (CEP), Artificial Intelligence (AI) and Business Intelligence (BI) in detecting fraud patterns for AML and fraud risk management.
  • Fraud by Example or Memorizer: Memorizer (patent-pending technology) is an innovative tool to detect the patterns in banking transactions based on examples shown or added by forensic experts during case management.