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PNB Becomes the First Bank to Go Live with Clari5’s Cutting-Edge, Real-Time NCRP Integration Solution!

In a landmark achievement, Punjab National Bank (PNB) has become the first bank in India to go live with Clari5’s NCRP Integration Solution, setting a new standard in fraud prevention and complaint management. This state-of-the-art solution, built in alignment with the I4C National Cybercrime Reporting Portal (NCRP), enables automated, real-time, and end-to-end processing of complaints across all retail banking channels, marking a transformative leap for the Indian banking sector.

Key Highlights

A Milestone in Fraud Prevention

Clari5’s innovative integration solution is not just a tool but a game-changer in fraud management, empowering banks to act quickly, efficiently, and securely. PNB’s implementation of this solution is a testament to its commitment to innovation and customer security.

Rivi Varghese, CEO of Clari5, commented:
“We are truly honored to partner with PNB in achieving this groundbreaking milestone. This first-of-its-kind integration sets a benchmark for the entire banking industry, and it wouldn’t have been possible without PNB’s visionary leadership and unwavering commitment to innovation and customer security. We also extend our heartfelt thanks to I4C for their guidance and collaboration in shaping a solution that aligns with their vision for secure, real-time complaint handling. Together, we are paving the way for a safer and more secure financial ecosystem in India.”

Transforming Fraud Management for the Future

As the first movers in this space, Clari5 is proud to lead the way in delivering advanced fraud management solutions that align with I4C’s vision of a secure financial ecosystem. The success of this implementation at PNB lays a strong foundation for expanding this transformative technology across other banks in India.

For more information about the Clari5 NCRP Integration Solution or to explore how it can be deployed at your bank, please contact us at connect@customerxps.com. Together, let’s set new standards in fraud prevention.

Gijima and Clari5 join Forces to Help South African Banks Combat Financial Crime in Real-Time

Gijima, leading South African ICT company partners with Clari5 to jointly help African banks combat real-time cross channel enterprise crime management. Through this strategic partnership, Gijima and Clari5 will provide solutions to African banks to counter enterprise-wide fraud and money laundering risk. Banks across Africa can now benefit from the unparalleled advantages of Clari5’s extreme real-time, cross channel, enterprise fraud risk management capability.

The partnership between Clari5 and Gijima, strengthened by the integration of IBM Mainframe/LinuxOne Z systems, represents a significant advancement in the technological capabilities available to South Africa’s banking sector. Integrating Clari5’s innovative solutions with Gijima’s extensive ICT services and the power of IBM Mainframe/LinuxOne Z systems allows banks to leverage state-of-the-art technology for enhanced operational efficiency, security, scalability, and reliability, offering an unparalleled platform for high-volume transactions and sensitive data processing.

This strategic alliance highlights a commitment to delivering cutting-edge solutions that meet the evolving needs of the banking industry, emphasizing customer-centric approaches and the importance of digital transformation in today’s financial landscape.

Clari5 Positioned Category Leader in Chartis Research RiskTech Quadrant® for FRAML Solutions, 2023

As concerns around financial crime escalate, financial institutions and regulators are placing greater emphasis on combined fraud and anti-money laundering (FRAML) solutions. Chartis Research’s latest report uses the RiskTech Quadrant® to explain the structure of the market for FRAML solutions.

The RiskTech Quadrant® employs a comprehensive methodology of in-depth independent research and a clear scoring system to explain which technology solutions meet an organization’s needs. The report positions FRAML solution vendors as ‘best of breed solutions’, ‘point solutions’, ‘enterprise solutions’ and ‘category leaders’ based on market potential and completeness of offering.

Clari5 is positioned among category leaders for FRAML solutions. Download the report

Clari5 Recognized Among Top 100 Risk Technology Providers in the World Once Again!

Chartis Research RiskTech100® is the most comprehensive independent study of the world’s major players in risk and compliance technology. RiskTech100® is globally acknowledged as the go-to place for clear, accurate analysis of the risk technology marketplace. Together with its accompanying awards, the RiskTech100® ranking provides a valuable assessment and benchmarking tool for all participants in risk technology markets.

Change and choice are the main themes in the technology landscape outlined in the Chartis Research RiskTech100® 2024 report. The report discusses some of the risk technology options available for financial firms and what they might mean for the future of the landscape. The report also considers changes that are shaping risk and analytics markets.

The companies in RiskTech100® are drawn from a range of risk technology specialisms, and meet the needs of financial and non-financial organizations. They share a number of qualities that rank them among the world’s top 100 risk technology providers. The RiskTech100® report only includes companies that sell their own risk management software products and solutions. Clari5 has been recognized among top 100 risk technology providers in the world once again. Download the report

CedarIBSI Podcast: Evolving Fraud in the Digital Payments World

Increasing adoption of digital payments solutions by financial institutions has led to rising levels of frauds. Robin Amlôt, Managing Editor, IBS Intelligence chats up with Gopal Sharma, Chief Product & Technology Officer, Clari5 on the evolving fraud in digital payments and the precautions required as the threat surface expands. Listen

Ujjivan Small Finance Bank and Clari5 Win IBS Intelligence Global FinTech Innovation Awards 2022 for Best Project Implementation & Most Impactful Project in Risk Management

The IBS Intelligence Global FinTech Innovation Award is a distinguished recognition of project excellence and winners are determined based on solution originality, project impact, program complexity, adaptability, governance, best practices and tools adopted. This year’s edition of the awards had global participation from 151 nominations across 94 banks from 47 countries and 30 award categories. Ujjivan Small Finance Bank and Clari5 received the award for Best Risk Management Implementation: Best Project Implementation and Best Risk Management Implementation: Most Impactful Project.

About IBS Intelligence and IBSI Global FinTech Innovation Award

Established in 1991, UK-headquartered IBS Intelligence is the world’s only pure-play Financial Technology (traditional and new-age) research, advisory, and media firm, with a global coverage, and a 360° portfolio of intelligence offerings.

For over 30 years, IBSI’s expert teams have delivered independent, in-depth, actionable insights, with a laser focus on everything Financial Technology, to the global banking, consulting, technology, and institutional investor world.

The fourth edition of the IBSI Global FinTech Innovation Awards identified and honoured technology players and banks for their excellence in driving impact through banking technology implementations and innovations using emerging technologies.
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