Manage Fraud to
Minimize Losses and Avoid Fines
Financial crimes against banks and financial institutions have escalated due to the advancement of technology. Internal and external threats cause havoc to operations and massive financial losses to customers. Using outdated fraud prevention methods and legacy systems to discover and investigate these financial crimes can fail to prevent and remediate issues efficiently, as banks may experience higher regulatory fines and penalties.
Sumerge’s Counter Fraud Management Solution offers real-time, customer-centric fraud prevention. This banking fraud solution is simple to configure and execute, allowing it to be set up within minutes, as it uses intelligent analytical detection engines to create highly predictive models. These models can then be used to recognize and prevent future fraud.
Banks Fraud Solution Benefits
Tailored and customizable fraud detection rules used to find anomalies within customer transactional data.
- by correlating and identifying patterns within transactional data, historical data and customer behavior while updating and refining fraud rules, allowing immediate action to be taken.
Real-Time Analytics Features to Reduce Fraud
Counter Fraud Management Solution from Sumerge provides employees with vital tools to conduct and report on fraud-related transactions.
Out-of-the-box alert scenarios for accurate use
Develop rich profiles with audited work flow and case management
Scenario testing tools for fast and easy validation
Pre-defined report creation for investigations and performance documents
Batch data integration with core banking and payments infrastructures
What our customers say
Sumerge is one of the best companies I have dealt with. The team is very professional, respectful, punctual and committed to delivering the contracted project on time
Sahar Salah,Vice President, Head of IT, Bank ABC
Sumerge helped us to seamlessly implement a daily vouchers solution where the team provided an exceptional effort to solve any migration issues and finish the implementation with zero data loss or security issues
Shaarawy Mohamed,IT Infrastructure services Manager, FAB
We used Sumerge’s consultancy and experience to implement our Self-Service Portal as they are the best team in the region to implement and use IBM Technology
Ahmed Abd El Hady,IT Division Manager, TE-Data
Thankfully with Sumerge’s ECM solution we now rely on our electronic documents and moved our physical collateral documents to a safe fireproof warehouse, as we no longer need the documents onsite anymore
Tamer Emam,Head of IT, EMRC
With Sumerge we seamlessly implemented automation for our loan appraisal process along with enterprise content management which empowered us to help more citizens find affordable housing more quickly