BPC’s SmartVista Fraud Management solution helps financial service providers prevent fraud across all channels, in real time. The solution provides real time transaction monitoring and allows performing behaviour profiling on any level – channel, customer, account, device, card, merchant etc., as well as score transactions against machine learning models.

It also provides enterprise-wide multichannel and omni-channel fraud monitoring for all types of payment methods. It simultaneously interfaces with multiple systems including card switch, e-commerce, digital banking, back-office, instant payment, merchant management. The analytics tool includes a robust business-driven rules engine for transaction scoring and applies behaviour profiling and machine learning techniques for fraud analytics and modelling.

A dashboard gives an operator real time insights into key statistics. When transactions are identified as fraudulent, the system operator can use the enterprise fraud management capability to handle these fraud cases. SmartVista Fraud Management supports alerts generation through multiple channels, including SMS or email or PUSH notifications.