Financial Crimes Insight - Safer Payments

Overview

Benefits

Delivers high performance results

Clients report high detection at ultra-low false-positive rate after deploying our solution.

Bring agility to fraud management

Build, test, validate and deploy machine-learning models in days versus months without reliance on vendors.

Proven in production

Monitor thousands of payments per second. Enterprise-grade solution delivers 99.999% availability and high throughput.

Open source data science

With an open platform, import detection models, model components and IP while using rich interface to build new models.

Feature spotlights

Next generation approach

Enables you to use any data science, machine learning or 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 IBM Safer Payments is easily 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 that runs on commodity hardware and any cloud environment.

How it's used

Real-time payments fraud prevention

Model factory

Online and mobile banking

Utilize open source data science

Multitenancy and multichannel

Customer case studies

Person working at a laptop with a tablet in their hand

FIS global

FIS: Fighting Financial Crime and Fraud by Infusing AI and Intelligence Workflows.

Watch the video (05:27)

Aerial view of a traffic circle in Paris

STET, Paris

Saving USD 115 million a year in a national payment switch.

Learn more

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Indue, Brisbane

Indue reinvents its financial crimes service in the Australian mutual sector.

Watch the video (01:41)

Banco Inter

Enabling Brazil’s first all-digital bank to scale rapidly and allow their customers to make payments securely, efficiently and without friction, across the globe.

Read the blog

SIBS

European payment switch experiences 70% fraud loss reduction with false positives of less than 1:3 rate.

Watch the video (52:08)

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Bank of New Zealand

Delivering cross-channel fraud protection resulting in a frictionless and safer payments experience to their customers.

Watch the video (27:59)

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 - 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 IBM safer Payments: a 20% lower false-positive rate, the ability to make rule 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