Financial Crime World

Costa Rica Banks Boost Fight Against Fraud with Advanced Detection Suite

Staying Ahead of Financial Criminals with Cutting-Edge Technology

In a bid to prevent and detect fraudulent activities, Costa Rican banks are turning to advanced technology to stay ahead of financial criminals. Tietoevry Banking’s Fraud Prevention Suite is leading the charge, offering a comprehensive real-time monitoring platform that has already proven its worth in detecting fraudulent activities with an impressive 90% success rate.

A Trusted Partner for Over Two Decades

With over two decades of experience in combating financial crime, Tieteovery Banking has established itself as a trusted partner for over 100 banks and fintechs across Europe. The company’s team of seasoned fraud experts leverages industry-leading AI and analytics to help clients identify and prevent fraudulent activities.

Comprehensive Monitoring Services

The Fraud Prevention Suite offers a range of monitoring services that cover the entire value chain, including:

  • Know Your Customer (KYC) and client screening at onboarding
  • Card transaction monitoring
  • Account fraud monitoring
  • 3D Secure
  • Token enrollment monitoring
  • Fraud case management

The suite can be delivered as a standalone solution or combined with Tietoevry’s Identity Suite and card transaction security systems.

Real-Time Protection, 24/7

With its platform available 24/7, 365 days a year, Costa Rican banks can rest assured that their financial institutions are protected against fraudulent activities at all times. By partnering with Tietoevry Banking, local banks can enhance their fraud detection capabilities and reduce the risk of financial losses.

Conclusion

By leveraging advanced technology and expert knowledge, Costa Rican banks can effectively prevent and detect fraudulent activities, protecting their financial institutions and customers from harm. With its comprehensive monitoring services and real-time protection, Tietoevry Banking’s Fraud Prevention Suite is an essential tool in the fight against financial crime.