Protecting brands from payment fraud
Preventing payment fraud is an organizational priority
When criminals access accounts, customers are angry, regulators critical, and reputations damaged. SymphonyAI’s payment fraud solutions outpace the volume, speed, and sophistication of fraud and outperform antiquated security measures.
Access out-of-the-box rules and models for immediate results. SymphonyAI’s library includes 45+ scenarios such as romance scams, account takeovers, and money mule schemes.
Outpace regulations and demonstrate compliance with simplified workflows, reporting, and models. SymphonyAI’s financial crime prevention solutions evolve with mandates.
Enable investigators to make concise, confident decisions based on key contextual information. SymphonyAI’s payment fraud solutions process alerts quickly and effectively.
Create a cohesive strategy. Payment fraud solutions from SymphonyAI support your organization with a single, enterprise-wide deployment.
Screen extreme transaction volumes in real-time while enabling instant payments and effective investigations. NetReveal Transaction Screening combines flexible list integration with generative and predictive AI to improve match accuracy and bolster your sanctions screening efforts.
SymphonyAI’s NetReveal Transaction Screening draws upon 350 supported watchlists in 60+ languages. Screen against millions of watchlist entries in as little as 40 milliseconds. Dynamic risk assessments are supported by automated watchlist updates, and new watchlists can deploy enterprise-wide in as little as 15 minutes.
Screen extreme transaction volumes in real-time while enabling instant payments and effective investigations. NetReveal Transaction Screening combines flexible list integration with generative and predictive AI to improve match accuracy and bolster your sanctions screening efforts.
SymphonyAI’s NetReveal Transaction Screening draws upon 350 supported watchlists in 60+ languages. Screen against millions of watchlist entries in as little as 40 milliseconds. Dynamic risk assessments are supported by automated watchlist updates, and new watchlists can deploy enterprise-wide in as little as 15 minutes.
Customer success is our success
Employ end-to-end financial crime prevention—scalable to your needs
Payment fraud FAQs
The team at SymphonyAI is here to answer your questions about financial crime prevention and our solutions. Here are some of the most common.
SymphonyAI provides AI-powered payment fraud prevention solutions designed to detect and stop fraud in real-time, protecting financial institutions from losses associated with account takeovers, scams, and unauthorized transactions.
The platform uses AI to increase payment fraud detection by 50% while reducing false positives by 55%, ensuring quicker and more accurate identification of fraudulent activities.
The platform uses AI to increase payment fraud detection by 50% while reducing false positives by 55%, ensuring quicker and more accurate identification of fraudulent activities.
SymphonyAI’s out-of-the-box models cover 45+ fraud scenarios, including romance scams, account takeovers, and money mule schemes, allowing institutions to counter diverse types of fraud.
Yes, SymphonyAI’s solution supports real-time transaction screening with detection and scoring latency under 50 milliseconds, making it suitable for handling large transaction volumes effectively.
Clients have reported significant improvements, such as a U.S. regional bank that reduced payment fraud losses to zero for several months despite a 140% increase in fraud attempts.
SymphonyAI’s payment fraud solution includes simplified workflows, dynamic risk assessment, and real-time reporting, helping institutions meet regulatory mandates with greater ease and accuracy.