BROOKFIELD, Wis. (4/10/14)--Fiserv Inc., a provider of financial services technology solutions, released new real-time solutions to combat automated clearinghouse, wire and other electronic payment fraud.
ACH fraud prevention from Fiserv continuously builds intelligence for each customer, account and other entities relevant to the ACH process to support accurate detection on anomalies. Non-transactional data including session data, can also be incorporated based on the level of risk presented by account activity or a specific transaction.
Wire Fraud Prevention from Fiserv continuously updates normal behavior profiles for each customer, account and other relevant entities such as the user, originator, account, device, intermediary or beneficiary. Confirmed fraud cases can be escalated to the case management system and include detailed forensic information such as historic payments and device fingerprint information.
SWIFT sanctions screening has also been enhanced to leverage Fiserv's watch-list filtering engine and its anti-money laundering and fraud solution.