Informatica solutions for fraud detection and prevention serve as the foundation for enterprise-wide fraud management. These solutions enable banking and capital market firms to combat automated clearing house (ACH), wire, and credit card fraud; detect money laundering activities; curb ATM skimming or insider trading; and accurately report fraud activities to the Office of Foreign Assets Control (OFAC) and other regulatory bodies.
Informatica solutions for fraud detection and prevention ensure anti-money laundering (AML) applications are maintained with trustworthy, actionable, and authoritative data. These solutions also provide immediate insight into suspicious activities and events that may harm the business.
Anti-Money Laundering Data Optimization
The Informatica solution for anti-money laundering ensures that AML systems and applications are driven by trustworthy, actionable, and authoritative data. With this solution, your institution can access data from any source, database, format, and structure, find and fix data quality problems and deliver data in batch or real time to AML applications or systems. This solution optimizes identity matching in AML systems using intelligent algorithms and strategies to locate identity data records inside large databases. It provides prebuilt and customizable data quality dashboards to continuously monitor and manage data quality.
Benefits
- Decrease false positives, unproductive alerts, and inaccurate reporting
- Eliminate data entry and intentional errors
- Streamline data quality management and monitoring
Payment Fraud Management and Monitoring
The Informatica solution for payment fraud management and monitoring detects and monitors suspicious electronic payment transactions in real time. The solution extracts, transforms, and cleanses electronic payment data in any format (e.g., ACH, EDI, and SWIFT) and from any system, within or outside your company. Fraud management analysts can monitor, correlate, detect certain events, and set alerts for payment exceptions and potential fraudulent activities.
Benefits
- Get a comprehensive view of all payment activities
- Monitor payments in real time
- Empower fraud analysts to take immediate action
Cross-Enterprise Fraud Data Management
The Informatica solution for cross-enterprise fraud data management provides your institution with complete access to and visibility into all fraud-related data. The solution accesses, integrates, and cleanses all data in standalone fraud systems, regardless of its source, format, or structure. It ensures that fraud systems are maintained with only high-quality data. The solution creates a common set of master data across multiple domains—including customers, households, accounts, products, channels, and employees—to provide business users with access to trustworthy, actionable, and authoritative within fraud systems and applications. Fraud analysts can monitor, correlate, and detect certain events and set alerts to identify potential fraud across the enterprise.
Benefits
- Manage all fraud data as a strategic asset
- Improve accuracy of analysis and reporting
- Empower fraud analysts to take immediate action
Purchasing Card Fraud Management and Monitoring
The Informatica solution for purchasing card fraud management and monitoring helps credit card issuers to detect and monitor suspicious and unauthorized activities of their purchasing card programs. This solution detects and monitors credit/debit card misuse with personalized, easy-to-use business rules to control and identify high-risk card transactions in near-real time. Card program administrators can receive alerts of potential policy infractions.
Benefits
- Identify fraudulent activities quickly
- Prevent fraud through monitoring
- Empower card program administrators to take immediate action