IFRM Overview
BANKiQ IFRM is a real-time, Cognitive AI-ML enabled Fraud Prevention solution addressing various aspects of Financial Crimes. Banks, Financial Institutions & Payment solutions providers require Risk Management solutions which are real-time and Preventive in nature, as also the ability to blend & embed into the various Payment processes. BANKiQ IFRM is a Fraud Prevention solution for an Issuer, Acquirer, Banker, Lender, FinTech – Payment Gateway Providers, Payment Aggregators & Merchant Acquisition Fintech’s.
BANKiQ IFRM supports detection of multi-channel fraud. It uses a multitude of fraud detection strategies including Adaptive Analytics, Deep Learning, AI, Customer and Transactional Profiling, Behavioural Rules and other probabilistic models on a cross-channel data agnostic basis, both in real- time and batch.
The solution provides the following functionalities including but not limited to strong real-time Link Analysis and Data Visualization, comprehensive Cross-Channel Alert and Case Management, Work Flow, Fraud and Operational Reporting, Granular Security, Auditing and Extensive Performance management along with interjection, powerful orchestration and operational control, reporting and visualization through a user-friendly graphical console. BANKiQ – IFRM platform has a rich variety of features including AI and deep learning, bespoke analytics, a rich rule engine and industry leading forensics around the data, link analytics and geo locations, all in an easy to use analyst friendly form factor.
