How it works
See how we prevent your frauds
Learning from known behaviors
We’re different: We don’t find fraud by focusing on the fraudsters. We find it by really getting to know the habits and behavior of a bank’s customers and staff so we can stop financial transactions that are out of character. All fraudulent transaction are out-of-character transactions in some way or another.
While fraudsters constantly change their behavior to avoid detection, real customers form habits. By learning these habits and building up customer and staff profiles we can quickly spot suspicious activity. And stop it.
Smarter AI
A bank will see many card frauds every year (which tend to be lots of small amounts) but very few payment frauds (which tend to be rare but large in size). So while the standard machine learning approach works very well on card fraud (balanced datasets) it is not appropriate when it comes to stopping payment fraud (completely unbalanced datasets). This is where the proprietary managed learning approach from NetGuardians comes into play…
How to overcome overfitting in machine learning based fraud mitigation for banks?
How artificial intelligence helps banks to fight fraud?
User experience
- Interface that can show an overview or hone in on specific details
- Dashboard that helps users complete investigations efficiently
- Designed for payment teams and fraud investigators
- Explainable AI using smart widgets
- Powerful workflow allowing an easy integration with banks’ processes
Link to: Get it on premise
Get it on premise
Get NetGuardians’ AI fraud prevention platform on premise by integrating it into your bank’s core banking system.
Link to: Get it on cloud with Swisscom
Get it on cloud
Get NetGuardians’ AI fraud prevention platform on cloud through our trusted partner Swisscom.
Link to: Get it on cloud with Microsoft
Get it on cloud
Get NetGuardians’ AI fraud prevention platform on cloud through our trusted partner Microsoft.
News
Meet NetGuardians at Finastra Universe Paris and Frankfurt, February 2020January 10, 2020 - 1:58 pm
Webinar – Banking Payment Fraud: Best Practices and Solutions to Fight Financial CrimeJanuary 10, 2020 - 10:07 am
Pensar Media: How banks are using tech to avoid fines and theftDecember 13, 2019 - 2:31 pm
