Mantas Fraud Surveillance is designed to find sophisticated fraudsters that other fraud detection systems miss. From the fraudster looking to circumvent current “border patrol” systems to internal fraudsters who steal customer information, Mantas Fraud Surveillance enhances an institution’s existing point solutions for individual business lines. It provides financial institutions with an overall view of fraud across business lines and throughout the firm. Institutions that use Mantas Fraud Surveillance realize significant benefits:
Greater accuracy in identifying high-risk, sophisticated fraud: Mantas Fraud Surveillance is specifically designed to identify sophisticated frauds such as internal employee fraud, identity theft, account takeover, change of customer registration and other malicious behavior that today’s “profiling-based” solutions cannot detect Increased customer satisfaction and retention: financial institutions can reduce the number of account interruptions due to “false positive” fraudulent events. Inaccurate account disruptions are one of the leading causes of account closure Comprehensive case management: In addition to detecting sophisticated fraudulent activity, financial institutions gain a robust and flexible case management solution that allows banks to automate the investigation lifecycle of a fraud event With Mantas Fraud Surveillance:
Effectively mitigate and identify organizational cross- channel fraud Effectively address regulatory guidelines/requirements Leverage the capture of best practices within the solution Enhance existing fraud 'point' solutions with sophisticated behavior pattern Surveillance Increase speed-to-market in monitoring fraud schemes
