Clari5

Starfish Approach to Fraud Management is hurting Banks. #StarfishBanks

Starfish like ideology of the banks handling risks is no longer acceptable. Starfish Banks are no longer thought as the most important and profitable economic factors: they are more seen as potential danger to stability of the organization. As banking regulation is developing and in future it will be in a manner similar to other industries such as the chemicals industry.

Real-time, Cross-channel Transaction Monitoring and Fraud Management for India’s Top 5 Bank

Increased sophistication in the banking system has simultaneously increased sophistication in banking frauds. Banks today face a growing risk of fraud incidents via phishing and identity theft, ATM frauds, payment card fraud, cross channel frauds, malware & Trojan attacks and SIM swap. Clari5 from CustomerXPs has helped one of the largest private sector banks in India overcome these challenges and detect/manage frauds and money laundering on a unified platform, a first in the country.

Foreign Account Tax Compliance Act

Foreign Account Tax Compliance Act (FATCA) introduced by US legislation. It has been debated for and against since 2009. It aims at targeting U.S taxpayers against federal tax avoidance by investing in foreign assets or in foreign bank accounts.

Targeting the Crevices: Effective Financial Crime Prevention

Banks grapple with the increasingly sophisticated means and methods of fraudsters who always seem a step ahead of bank’s fraud prevention apparatus.

Anti-Fraud and Anti-Money Laundering in Banking- The Common Denominators

Bank fraud and money laundering are on the rise all across the world. Some top banking firms have lost over several billion dollars last year, owing to high-profile money laundering cases.

Customer Retention & Revenue Maximization for the Modern Banking Corporation

How technology can be leveraged to drive customer retention programs.

Top 10 Priorities of Anti-Fraud Banking Executives

A succinct summary of key wish-lists/expectations from banking executives’ different anti-fraud programs in 2019.