Newsroom Announcement:
Revolutionizing Banking
How Clari5 is Shaping the Future of Fraud Prevention and Compliance
Mumbai | January 26, 2025
The Ministry of Finance has mandated all Indian banks to integrate with the National Cybercrime Reporting Portal (NCRP) to enhance fraud prevention and compliance. In response, Clari5 is proud to announce its suite of advanced solutions designed to empower banks to meet these critical requirements
with precision, speed, and reliability.
Clari5’s Real-Time I4C NCRP Integration Solution, already live at Punjab National Bank (PNB), ensures immediate compliance and sets a new benchmark in fraud management. Along with Clari5’s Intel Hub and Mule Fraud Solution, these offerings represent a holistic approach to strengthening fraud defenses in the banking ecosystem.
Redefining Fraud Prevention with
Game-Changing Solutions
Clari5 Real-Time I4C API Integration?
Impact
Setting a New Benchmark in Compliance As India’s first real-time, automated NCRP complaint resolution platform, Clari5 Real-Time I4C API Integration Solution transforms compliance by resolving complaints in under 10 seconds. Successfully implemented at Punjab National Bank, this pioneering solution eliminates manual intervention, ensuring accuracy, speed, and seamless regulatory alignment.
Faster complaint resolution ensures compliance within critical timelines.
Enhances operational efficiency while building trust with customers.
"With the Real-Time I4C API Integration Solution, we’re helping banks turn a challenging process into something seamless and reliable. It’s not just about meeting regulations—it’s about building trust with every resolved complaint," said
- Rivi Varghese, CEO, Clari5
Clari5 Intelligence Hub: The Ultimate Fraud Prevention Gateway
Key Benefits
The Clari5 Intelligence Hub serves as a central gateway for financial institutions, integrating intelligence from multiple external data sources such as the i4C Suspect Registry and RBI MuleHunter. By providing real-time insights, the Intel Hub equips banks to detect and mitigate fraud proactively.
Access to India’s largest database of 1.4 million fraudsters for early detection.
Real-time risk scoring enhances decision-making and protects customer trust.
"The Intelligence Hub gives banks the intelligence they need to stay ahead of fraud. It’s about more than technology—it’s about giving institutions the power to protect their customers and strengthen trust every step of the way," said
- Jayaprakash Kavala, Chief Product Officer, Clari5
Clari5 Mule Fraud Solution:
Tackling a Societal Menace
Why It Matters
Mule fraud remains one of the most pervasive threats to financial systems, undermining trust and fueling larger criminal networks. Clari5’s Mule Fraud Solution leverages advanced analytics to identify and eliminate fraudulent accounts used in money laundering and financial crimes.
Safeguards banks and communities by dismantling fraudulent networks.
Enhances systemic security while protecting customer trust.
"Mule fraud is more than a financial issue—it’s a threat to trust across the entire system. With this solution, we’re helping banks tackle the problem at its root, ensuring safer systems for everyone involved," said
- Balaji Suryanarayana, COO, Clari5
A Vision for a Safer, Fraud-Free Future
Fraud is more than just a financial challenge—it’s a threat to the trust that forms the foundation of every banking relationship. At Clari5, we’re driven by the belief that trust fuels progress, and our solutions are designed to help banks safeguard this trust by addressing today’s challenges and building resilience for tomorrow.
"At Clari5, our mission is to help banks redefine compliance and fraud prevention, ensuring trust in every transaction and empowering progress for every Indian."
About Clari5
Clari5 is a global leader in enterprise financial crime management, transforming fraud prevention and compliance for leading financial institutions worldwide. Trusted by industry leaders, Clari5 empowers banks to stay resilient, secure, and customer-focused in a rapidly evolving financial landscape.
For media inquiries, please contact
Asad Farhan Ahmed
Head Of Marketing
asad.f@customerxps.com | +91-9980601356