An integrated approach to fraud management

Fortent's Fraud solutions are used to manage different and growing types of financial fraud. By using Fortent's Fraud solutions, your institution can automatically observe, detect, and respond to any potential fraudulent behavior, whatever form it may take. Our fraud detection systems uncover both known and previously unknown fraudulent behavior while reducing false positives. The Fortent system can detect multiple forms of financial fraud by focusing on customers or entities themselves rather than narrowly targetting specific fraudulent activity. This gives your fraud management team a total vision of what is happening, as it happens, enabling a consistent, complete, and integrated approach to fraud management.

Increasing the quality, speed, and efficiency of fraud detection

Fortent does not rely on data snapshots or rules exported to multiple data warehouses. Detailed behavioral knowledge is the foundation of our fraud detection and prevention technology. To do this, we actively track and profile every customer and account. These profiles are updated and refreshed constantly as each transaction occurs. This results in the reporting of genuinely unusual activity and the ability to rapidly adapt to new patterns of fraudulent behavior.

Fortent notifies and automates the response to unusual, suspicious, and high-risk activity, enabling a consistent level of protection derived from a central understanding of behavior. Time spent on fraud detection is radically reduced and the quality of the detection is significantly improved.

Fortent has developed the following fraud management software:

• Check Deposit Fraud
• Check Kiting Fraud
• Debit Card Fraud
• ATM Fraud
• Wire Payments Fraud
• Employee Fraud

To learn more about Fortent's fraud prevention and detection solutions, click here.