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NetGuardians and Finastra offer “Fraud Prevention as a Feature” enabling Finastra banks to go-live within weeks through a simple activation on FusionFabric.cloud.
Powered by NetGuardians’ AI technology, Fraud Prevention as a Feature is designed for Finastra products and can be implemented on cloud to take advantage of its benefits.
While the solution is pre-integrated with Fusion Global PAYplus (FGPP), Fusion Cash Management (FCM), the Financial Messaging Service (FMS), and Fusion Essence, banks using other payment systems can also benefit from the service.
Social engineering
Benefits of activating NetGuardians’ solution through FusionFabric.cloud
Pre-integrated with Finastra’s GlobalPAYplus and Fusion Cash Management systems, NetGuardians’ AI-powered solution enables banks to effectively detect and prevent fraudulent payment transactions in real-time.
Fraudsters are increasingly using social engineering techniques to perform scams such as fake invoice, CEO fraud, and business email compromise (BEC), among others. Our solution helps Finastra banks to tackle these challenging scams by understanding the normal payment behavior of each customer and using behavioral AI risk models to detect anomalous payment transactions that are outside the norm.
The solution can be live in weeks by simply activating it on FusionFabric.cloud so banks can quickly reduce their project management costs, decrease fraud losses, and protect their customers.
This solution is pre-integrated within Finastra’s Financial Messaging and Services (FMS) to help banks comply with the SWIFT CSP in record time and be able to share the risk response plans with SWIFT auditors in weeks.
Powered by NetGuardians’ AI technology, the solution automatically learns from each customers’ SWIFT messages (MT101, 103, 202COV) and holds suspicious messages for further investigation. It is tailored for Finastra’s SWIFT Service Bureau, enabling financial institutions to identify and stop anomalous SWIFT messages in real-time before being released to the SWIFT network.
The solution can be activated through FusionFabric.cloud in a few steps.