With the recent spurt of card fraud as well as internet banking fraud transactions in India, Reserve Bank of India has mandated to put in place necessary fraud prevention solution by 30 June, 2013 for all alternative channel/electronic payment transactions including the funds transfer transactions done using NEFT, RTGS and IMPS. Clari5 Channel Fraud Detection & Prevention Solutions enables banks and card issuers to comply with these guidelines in less than 2 weeks
