 |
IBM Reg Tech |
IBM Safer Payments
Protect all cashless payments from fraud
Real-time payments fraud prevention
Criminals structure payments and "smurf" them through mule accounts to disguise the flow of money. IBM Safer Payments profiles each payment originator and beneficiary as both sender and recipient of payments in the past.
Model factory
To enable the combination of the best data science techniques, we created the "model factory" concept. It allows IBM Safer Payments users to pick the combination of techniques best suited to solve their fraud problem.
Online and mobile banking
IBM Safer Payments uses data from actual online and mobile banking sessions. Built-in device ID capability, with device behavior profiling and a device reputation database and biometric parameter recognition hardens this channel.
Utilize open source data science
IBM Safer Payments is the most open data science platform for payment fraud prevention currently available in the market. Export and import models in portable PMML format and ingest models or feature extractions as Python code.
Multitenancy and multichannel
IBM Safer Payments provides hierarchical multitenancy. It efficiently manages hundreds of tenants, each customized. Inheritance allows maintenance of central models and configurations.
![idxdot]()
Outsmart fraudsters with generative AI
IBM® Safer Payments helps you create custom, user-friendly decision models so you can adapt to emerging threats faster and detect fraud with greater speed and accuracy, all without vendor or data scientist dependencies. IBM Safer Payments significantly accelerates modeling optimization by providing the analytics and simulation tools needed to continuously monitor business performance and adapt to emerging and modified fraud patterns.
![idxdot]()
Benefits
Delivers high performance results
Clients report high detection at ultra-low false-positive rates after deploying our solution.
Brings agility to fraud management
Build, test, validate and deploy machine-learning models in days versus months without reliance on vendors.
Proven in production
Monitor thousands of payments per second. Enterprise-grade solution delivers 99.999% availability and high throughput.
Open source data science
With an open platform, import detection models, model components and IP while using a rich interface to build new models.
IBM Financial Crimes Insight for Claims Fraud
Transforming Financial Crime Operations through application of intelligent workflows: business processes re-designed end-to-end with technology including AI &Generative AI embedded at every step.
![idxdot]()
A Platform Built For Change
Forward-thinking insurers can use this solution to:
- Quickly distinguish fraudsters from valued customers
- Detect fraud earlier, before unnecessary losses occur
- Reduce false-positives, improving the effectiveness and efficiency of investigators
- Put the focus on high-risk cases and optimize available resources
- Directly control the fraud analytics, from creating and then maintaining fraud models
- Manage the fraud investigation lifecycle from detection through to conclusion
- Ensure a transparent, secure and auditable end-to-end fraud management process
- Support meeting regulatory compliance obligations investigators
- Employ enterprise intelligence to continuously adjust operations and stay ahead of trends
IBM SOLUTIONS
Schedule a time