Overview

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.
Man using mobile device for online transactions

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

Join the data science revolution

Safer Payments provides tools to continuously monitor business performance and adapt the decision model to emerging and modified fraud patterns.

Triple redundancy

This solution is deployable as a 3-instance cluster. Each can run full production volume, even during fails.

Full configurability

Payment instruments, data streams model data dictionary, and actual detection models are all configurable via web.

Horizontal and vertical scalability

With clustered architecture and parallel programming, multi-core commodity servers are utilized most efficiently.

How it's used

Real-time payments fraud prevention

Sender and recipient payment profile graphic chart

Real-time payments fraud prevention

Criminals structure payments and "smurf" them through mule accounts to disguise the flow of money. Safer Payments profiles each payment originator and beneficiary as both sender and recipient of payments in the past.

Model factory

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Model factory

To enable the combination of the best data science techniques, we created the "model factory" concept. It allows Safer Payments users to pick the combination of techniques best suited to solve their fraud problem.

Online and mobile banking

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Online and mobile banking

Safer Payments uses data from actual online and mobile banking sessions. Built-in device ID capability, with device behavior profiling and a device reputation database and biometric parameter recognition hardens this channel.

Utilize open source data science

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Utilize open source data science

Safer Payments is the most open data science platform for payment fraud prevention currently available in the market. Export and import models in portable PMML format and ingest models or feature extractions as Python code.

Multitenancy and multichannel

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Multitenancy and multichannel

Safer Payments provides hierarchical multitenancy. It efficiently manages hundreds of tenants, each customized. Inheritance allows maintenance of central models and configurations.

Customer case studies

Fighting Financial Crime and Fraud by Infusing AI and Intelligence Workflows
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FIS global

FIS: Fighting Financial Crime and Fraud by Infusing AI and Intelligence Workflows. (05:27)

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View of Paris and Eiffel Tower

STET, Paris

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

Indue: Reinvents its financial crimes service in the Australian mutual sector
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Indue, Brisbane

Indue reinvents its financial crimes service in the Australian mutual sector. (01:41)

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Announcements

Risk.net Asia Risk Awards 2020

IBM Safer Payments wins Fraud Detection and Prevention Product of the year.

Read the blog

Risk.net Asia Risk Awards 2020 logo

Featured resources

Solution brief

IBM Safer Payments: It’s time for a better approach.

Read the solution brief (438 KB) document--pdf

White paper

Preventing fraud across all payment channels

Read the white paper (303 KB) document--pdf

Technical white paper

Learn about IBM Safer Payments architecture and its underlying technology

Read the white paper (720 KB) document--pdf

Customer testimonial

FIS using IBM Safer Payments to protect real-time payments

Watch the testimonial (05:27) IBM Media Center Video Icon

STET - Case Study

Saving USD 115 million a year at a French national payment switch

Read the blog

Volt announcement

Australian neobank Volt adopts IBM Safer Payments into online banking platform

Read the article

More resources

Videos

How FIS fights financial crime

Use IBM Safer Payments to protect real-time payments.

Watch now (05:27) IBM Media Center Video Icon

‎Combatting fraud in Australia

‎See how IBM helps protect instant payment.

Watch now (01:41) IBM Media Center Video Icon

‎Introduction to IBM Safer Payments

‎Here's how it can counter payment fraud.

Watch now (01:45) IBM Media Center Video Icon

Protecting payments in Canada

A look at fraud prevention for real-time payments.

Watch now (14:55) IBM Media Center Video Icon

Cognitive computing fights fraud

This webinar explains how AI can protect payments.

Watch now (01:55) IBM Media Center Video Icon

Watson on TV

‏‏‎‎IBM Watson "Catch me if you can" ad

Watch now (link resides outside IBM)

Using technology to protect payments

Watch this interview from SIBOS London.

Watch now (52:08) IBM Media Center Video Icon

Blogs

IBM wins (another) award

Read about Risk.net's “Financial Crime Product of the Year”.

Read the blog

Your fraud questions answered

‎Twenty questions fraud fighters are asking.

Read the blog

Big payment fraud losses

How do you solve a USD 48 billion payment fraud problem?

Read the blog

Agile fraud management

‏‏Agile fraud management takes more than the right models.

Read the blog

Fighting fraud across channels

Why real cross-channel payment data integration matters

Read the blog

‎Fraud management vendors

‎How to choose an enterprise fraud management vendor.

Read the blog

Get a real solution

Beware of data ”science projects” turned fraud prevention solutions.‎

Read the blog

Person to person payments

Learn how to remove friction and fraud from P2P payments.

Read the blog

Stopping fraud threats now

Understand Payments fraud prevention in uncertain times.

Read the blog

Challenger banks' choice

See 7 reasons challenger banks choose IBM Safer Payments.

Read the blog

Case studies

‎Indue

They're reinventing their financial crimes service.

See how they did it

Bank of New Zealand

IBM brings solutions and expertise to reduce fraud.

See how they did it

FIS

‎Learn how FIS integrated IBM Safer Payments solution.

See how they did it

‎Qatar International Islamic Bank

Learn why QIIB trusts IBM Safer Payments.

See how they did it

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