Fraud Prevention
Dramatically Reduce Risk and Stop Fraud in its Tracks
| How SEB Estonia Fights Fraud |
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Progress enables SEB Estonia to detect any unusual behavior that might occur in ATM or Bankers' Automated Clearing Services (BACS) transactions, thwarting the potential hacking of banking systems in real-time. |
As the speed of transactions increases, so does the sophistication of fraudulent activity that is underway. With an abundance of information flowing everywhere, is has become much more difficult to stop fraud, and your business is left vulnerable. Whether it's check fraud, credit card fraud, or corporate fraud and theft, the problem can be found in every industry. There is no end to the creativity of those who engage in fraudulent activity. Learn how Progress can help you stay on top of the latest techniques designed to harm your business.
The Progress® Apama® Complex Event Processing (CEP) Platform leverages the power of complex event processing to spot potential fraud patterns in real-time, giving you the power to immediately act on that information. By identifying conditions that could negatively impact your business and giving you the means to intercede, you dramatically reduce risk. As fraud schemes change, you can quickly create new detection rules or to alter the parameters of existing ones.
Here are some more features that make Apama a leading fraud prevention solution:
- Highly interactive dashboards that allow loss prevention professionals to view information in an intuitive real-time display that is easily customized to their requirements.
- An integration environment that allows monitoring data to be connected with different middleware systems, applications and other endpoints without disrupting the current IT infrastructure.
- Development and testing tools that can rapidly create, test and evolve monitoring scenarios, without lengthy development cycles that risk being too late.
- The ability to create customized capabilities like the correlation of real-time event data with video surveillance systems.


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