Actimize - Mitigating Transactional Risk Across Enterprise Silos
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July 22, 2010
Caja Madrid Launches Market Abuse Solution 

July 19, 2010
KeyCorp to Enhance Proactive Consumer and Commercial Fraud Protection

Remote Banking
Anti-Money Laundering, Fraud, Brokerage Compliance, Actimize Solutions

The Actimize Remote Banking Fraud solution provides high volume, cross-channel transaction monitoring across multiple remote channels including web, phone, mobile and more.

Recognized as a “Leader” in Gartner’s Magic Quadrant for Web Fraud Detection and chosen by top-tier financial firms, including Bank of America, DBS and Lloyds TSB
   
Complete cross-channel detection with analytical models for remote access channels, payment types, account services transactions and enrollment
   
Proven real-time detection and prevention actions, such as blocking fraudulent transactions and triggering authentication

Key Benefits of Actimize Remote Banking
The Actimize Remote Banking solution enables institutions to detect and catch more fraudulent activities with online authentication, session monitoring, cross-channel transaction monitoring and financial fraud detection capabilities. Clients can:

Catch fraud in real-time
Process and stop transactions in real-time to prevent fraud attempts while still allowing the customer to execute legitimate transactions, efficiently balancing business fraud risk and customer impact. Recently, an Actimize client detected fraud and blocked money movement, while the fraudster was still in session, preventing fraud losses before the transaction occurred.
   
Maximize detection rates; reduce false positives
Leverage multi-entity behavioral profiling at the customer and channel level to significantly reduce false positive ratios and provide a high level of early anomaly detection. With detection rates as high as 85% at a 1:12 false positive rate, financial institutions can save millions of dollars a year above and beyond existing authentication and transaction monitoring solutions.
   
Manage the prevention process – end-to-end
Support the entire fraud prevention process with alerts and workflow management, investigative tools, and oversight and reporting capabilities. Fraud analysts can easily query and explore transaction and activity log data, access information on related fraud events and view detailed profiles of all entities, accounts and individuals involved.
   
Adapt to meet evolving needs
Ensure high degree of flexibility and respond rapidly to new fraud techniques with Actimize's flexible data architecture, open technology, self-learning abilities and user-friendly configuration tools. Easily adapt fraud strategies to further optimize detection for unique business requirements.