Are Fragmented Systems and High Costs Undermining Your Fraud Prevention Efforts?
Streamline your operations and strengthen fraud defenses by integrating data, enhancing monitoring, and reducing compliance costs.
Fragmented Data Systems
Transaction, agent, and device data sit in separate tools, blocking a 360° view of remittance flows and masking coordinated fraud schemes.
Limited Real-Time Monitoring
Silos force batch uploads and manual exports, delaying anomaly detection and allowing mule networks to move funds undetected.
High Investigation Costs
Analysts spend hours reconciling spreadsheets and portals, inflating operational spend and slowing refund or hold decisions.
Regulatory Reporting Gaps
Disparate records make it hard to compile complete SAR, AML, and cross-border reports, risking fines and license issues.
Streamline Security with FraudNet's Unified Solutions
Streamline operations and enhance fraud prevention, reducing costs and improving compliance for remittance companies.
FraudNet Data Hub Integration
Unify internal and external data in one AI-native lake
Policy Monitoring for Agents
Auto-check volume, chargeback, and return limits
Anomaly Detection Engine
Flag unusual agent or corridor behaviors instantly
KYB Entity Screening
Continuous PEP, sanctions, and adverse media checks
Holistic Fraud Intelligence
Gain a comprehensive view of every transaction, device, and agent interaction with our unified dashboard. Uncover hidden risk patterns across payout corridors, empowering your remittance business to proactively manage threats and streamline operations with unprecedented clarity and efficiency.
Real-Time, AI-Native Decisions
Experience the power of instant decision-making with millisecond scoring. Minimize false positives, intercept mule accounts before funds are transferred, and streamline your operations by reducing manual review queues. Enhance your security and efficiency, keeping your remittance business one step ahead.
Automated Compliance Reporting
Effortlessly produce AML and remittance reports with a click, drastically reducing preparation time. Our automated compliance solutions ensure you're always aligned with global regulatory standards, eliminating the stress of audits and safeguarding your operations from costly fines and license complications.
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
Speak with our Solutions Expert Today
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Recognized by Industry Analysts
Related Resources
Other Services
View More
FAQs
What is remittance siloed data visibility?
Remittance siloed data visibility refers to the ability to access and analyze data that is often isolated in different systems or departments within a remittance company. This visibility is crucial for improving operational efficiency, compliance, and customer service by providing a comprehensive view of transactions and customer interactions across various channels and platforms.
Why is siloed data a challenge in the remittance industry?
Siloed data poses significant challenges in the remittance industry because it prevents a holistic view of customer transactions and behaviors. This fragmentation can lead to inefficiencies, increased risk of compliance issues, and suboptimal customer service. Without integrated data, companies struggle to identify trends, detect fraud, and provide personalized services, ultimately impacting their competitiveness and operational effectiveness.
How can improved data visibility benefit remittance companies?
Improved data visibility allows remittance companies to streamline operations by breaking down data silos and fostering better inter-departmental collaboration. It enhances the ability to comply with regulatory requirements by providing comprehensive reporting and audit trails. Additionally, with better visibility, companies can improve customer experience through personalized services and quicker transaction processing, while also enhancing fraud detection and risk management capabilities.
What technologies aid in achieving data visibility in remittance?
Technologies such as data integration platforms, cloud computing, and advanced analytics tools are essential for achieving data visibility in remittance. These technologies enable the seamless aggregation of data from disparate sources, providing a unified view that can be easily accessed and analyzed. Machine learning and AI can further enhance visibility by identifying patterns and anomalies, helping companies to make data-driven decisions and improve overall efficiency.
What are the risks of not addressing siloed data in remittance?
Not addressing siloed data in remittance can result in several risks, including inefficient operations, increased vulnerability to fraud, and compliance failures. Companies may face difficulties in providing timely and accurate reporting to regulators, potentially leading to fines and reputational damage. Moreover, the inability to fully understand customer behavior and transaction patterns can result in missed opportunities for growth and reduced customer satisfaction.
How can remittance companies start breaking down data silos?
Remittance companies can start breaking down data silos by implementing a centralized data management strategy that includes data integration and governance frameworks. Investing in modern IT infrastructure that supports data sharing and collaboration is crucial. Encouraging a culture of data transparency within the organization and providing training on data literacy can also help. Additionally, partnering with technology providers that specialize in data solutions can accelerate the process and ensure best practices are followed.