Valire is a pioneering tech company protecting banks and bank customers against social engineering scams and Authorized Push Payments, the rapidly growing new frontier of financial crime.
Advanced AI and behavioral analysis technology, coupled with deep industry knowledge, delivers unparalleled accuracy.
Social engineering and APP frauds are on the rise today, using tactics far more sophisticated than traditional fraud attacks.
In APP fraud, criminals trick bank customers into transferring funds to their accounts.
Since these transfers were initiated by legitimate customers, conventional fraud detection systems are often unable to detect or block them.
To make things worse, instant payments have triggered a rapid growth in APP attacks, and an even greater challenge in blocking or recovering funds.
There is a need for real-time detection and prevention of APP fraud, as well as an innovative approach that facilitates instant human decision-making.
Advanced alert scrutiny dashboard supports instant human decision making
Valire bank framework enables rapid deployment maintaining the investment in existing fraud processes and data lakes.
On-Prem or on bank’s private cloud - no external internet access
Probably the lowest in the industry
Stop fraudulent transactions in seconds
