Are Manual Inefficiencies and Compliance Complexities Slowing You Down?
Streamline operations and enhance compliance with automated solutions, reducing errors, costs, and regulatory risks for faster remittances.
Manual Processing Inefficiencies
Legacy, keyboard-driven workflows slow payout approval, create data entry mistakes, and inflate per-transaction costs.
Complex Regulatory Compliance
Meeting ever-changing global KYC/AML rules strains your compliance staff and risks costly enforcement actions.
High Fraud Risk Exposure
Limited real-time monitoring leaves corridors vulnerable to mule accounts, identity theft, and money-laundering rings.
Limited Scalability
Surging cross-border volumes outpace manual teams, degrading service quality and delaying beneficiary credits.
Revolutionize Security with FraudNet's Advanced Solutions
Streamline remittance operations, reduce costs, and enhance compliance with FraudNet's automated, real-time solutions.
Robotic Process Automation (RPA)
Bots auto-capture, validate, and post transactions end-to-end.
Automated KYC & AML Screening
Real-time ID, sanction, and PEP checks with zero manual queues.
AI-Native Fraud Analytics
Pattern scoring blocks suspicious transfers before funds move.
Scalable Cloud Workflows
Elastic processing instantly absorbs peak remittance volumes.
Real-Time, AI-Native Fraud Blocking
FraudNet swiftly evaluates each transaction in milliseconds, pinpointing anomalies with over 99% accuracy. This ensures that your remittance operations are secure and efficient, safeguarding genuine transfers while minimizing the risk of fraud—empowering you to maintain trust and reliability.
Unified Compliance Orchestration
Streamline your compliance operations with our unified console for KYC, AML, and sanctions screening. Gain comprehensive auditable trails while reducing manual review hours by up to 70%, allowing your team to focus on delivering exceptional remittance services with confidence.
Elastic, Low-Code Integration
Launch swiftly with our pre-built APIs and cloud infrastructure, designed for seamless scalability. As your transaction volumes rise, effortlessly expand your operations while significantly reducing operating costs, ensuring efficient and cost-effective cross-border remittance services. Stay ahead in the competitive remittance landscape.
Impact & Results
Delivering Results that Matter
We don’t just promise better fraud control—we deliver tangible improvements that protect your business.
97%
Fewer False Positives
Approve more valid transactions confidently.
88%
Fraud Reduction
Experience double-digit reductions in fraud-related chargebacks
60%
Cost Savings
Save time and resources while securing your revenue.
Why FraudNet
Future-Proof Your Fraud & Risk Program
With an integrated platform designed for precision, agility, and impactful results, enabling your team to make smarter decisions, improve operational efficiency, and fuel your business growth.
Customizable & Scalable
No-code rules engine, flexible dashboards, and tailor-made machine learning models that are designed to adapt seamlessly and scale alongside your business.
End-to-End Platform
Unify fraud detection, compliance, and risk management into one powerful solution, saving valuable time and streamlining your operations.
AI Precision You Can Rely On
Reduce false positives, detect and prevent more fraud, and mitigate risk with highly accurate, real-time risk scoring and anomaly detection you can trust.
Real-Time Fraud Intelligence
Leverage advanced analytics, comprehensive reporting, and our Global Anti-Fraud Network to make faster, smarter decisions on the spot.
Testimonials
Real Success From Real Teams
Fraud.net’s flexibility has helped our AfterPay business grow by allowing us to meet our increasingly complex customer and country requirements. Their platform has enabled Arvato to increase our agility and significantly reduce fraud attacks.
Director Risk & Fraud, Arvato
FraudNet's combination of customized machine learning and flexible rules management has been transformative. We've achieved dramatic efficiency gains while maintaining robust fraud protection - a game-changer as we navigate evolving regulatory requirements.
Head of Financial Crime, Countingup
The great usability of Fraud.net is night and day when comparing it to our prior risk prevention platform. Reporting is also faster, more straightforward, and more impactful. With Fraud.net, we can easily visualize and share findings, providing our leadership with a clear understanding of the return-on-investment for our activities in real-time.
Fraud Manager, Global Financial Institution
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FAQs
What is Remittance Intelligent Automation?
Remittance Intelligent Automation refers to the use of advanced technologies, such as artificial intelligence and machine learning, to streamline and optimize the remittance process. It involves automating tasks like data extraction, compliance checks, and transaction processing to enhance efficiency, reduce errors, and improve customer experience.
How does Intelligent Automation benefit remittance companies?
Intelligent Automation benefits remittance companies by significantly reducing operational costs, increasing transaction processing speed, and minimizing human errors. It also aids in ensuring compliance with regulatory requirements, enhancing fraud detection capabilities, and providing better customer service by delivering faster and more accurate transactions.
What technologies are involved in Remittance Intelligent Automation?
Remittance Intelligent Automation typically involves technologies such as robotic process automation (RPA), artificial intelligence (AI), machine learning (ML), natural language processing (NLP), and optical character recognition (OCR). These technologies work together to automate routine tasks, analyze data patterns, and make decisions to optimize remittance operations.
How does Intelligent Automation improve fraud detection in remittances?
Intelligent Automation improves fraud detection by using AI and ML algorithms to analyze transaction patterns and detect anomalies that may indicate fraudulent activities. These systems can process vast amounts of data in real-time, enabling them to identify and flag suspicious transactions more efficiently than traditional methods, thus enhancing the security of remittance transactions.
Can Intelligent Automation help with compliance in the remittance industry?
Yes, Intelligent Automation can help with compliance by automatically monitoring and enforcing regulatory requirements. It can perform real-time checks against compliance databases, ensure accurate reporting, and maintain audit trails to fulfill legal obligations. This reduces the risk of non-compliance penalties and ensures that remittance companies adhere to international and local regulations.
What are the challenges of implementing Intelligent Automation in remittance?
Challenges include the initial cost of technology investment, the need for skilled personnel to manage and maintain automated systems, integration complexities with existing systems, and potential resistance to change from staff. Additionally, ensuring data security and privacy, as well as maintaining pace with evolving regulations, are critical aspects that need careful consideration during implementation.