Join the data science revolution
IBM Safer Payments enables your fraud prevention teams to adapt their controls faster to emerging threats and detect fraud with greater speed and accuracy without vendor or data scientist dependencies. It comprises the analytics and simulation tools needed to continuously monitor business performance and adapt the decision model to emerging and modified fraud patterns.
With an open platform, customers can leverage their existing detection models and IP all at a low total cost of operation (TCO) as all required components are self-contained and run on commodity hardware.
Product highlights
Next generation approach
Enables you to use any data science, any machine learning, and artificial intelligence technique – from any vendor or open source – to outsmart fraudsters.
All channel solution
Includes specific functionality to protect cards, online banking, and real-time payments. Profiles behavior and payment flow through all channels for lower false positives and reduced fraud losses.
Freely configurable
Everything in Safer Payments is user-configurable. Full adaptation to customer data model. New data feeds can be configured in minutes.
Bring your own model
Build neural networks, random forests, decision trees, and regressions, using your preferred tools. Combine models of different types into ensembles, to leverage the best of each modeling technology.
In-memory NoSQL database
Purpose-built dual-access database technology delivers peak performances of multiple thousand transactions per second on commodity hardware and any cloud.
Multi-model and IBM Watson
Runs any number and types of fraud prevention models. Watson cognitive AI assists with creation of decision rules on how models are applied for specific transactions.
Key features
- Built for 24/7 operation and 99.999% availability
- Horizontal and vertical scalability
- Full configurability
- Fully accessible API and microservices
Testimonials
“ With IBM Safer Payments, we are reducing card fraud in France by more than USD 115 million per year ”
- Rodolphe Meyer
- CIO
- STET
“ Up against this [P2P] challenge – in which a fraudulent transaction can hide in plain sight – along with the pressing needs for real-time decisioning and increased flexibility for our team, we've found IBM Safer Payments has exceeded our expectations. ”
- Norman Marraccini
- General Manager, Business Line Executive Retail Digital Payments, ACH and Real Time Payments
- FIS
“ The three main benefits we see using Safer Payments: a 20% lower false-positive rate, the ability to make rules changes up to 90% faster than on traditional platforms, and the ability to manage all payment channels in one system ”
- Dave Hemingway
- Group Executive, Product and Marketing
- Indue
Which option is right for you?
Free Evaluation License
Gain free, hands-on experience. Schedule a complimentary workshop session with our team of experts, based on availability.
Monthly License
A pay-as-you-go approach for pricing. Includes 24x7 support and access to new software features.
Perpetual License
Includes 12 months of no cost 24x7 support and access to new software features with an annual renewal rate of 20% license price.