INETCO awarded patent for transaction firewall to instantly block AI-driven fraud attacks

Newly patented transaction firewall sets a new standard in payment protection, leveraging self-learning technology that instantly blocks emerging threats, payment fraud and cyber-attacks with greater precision.  

April 10, 2025 – Vancouver, BC – INETCO Systems Limited, a global leader in protecting payments from fraud and cyber-attacks, has been awarded a patent for its INETCO BullzAI transaction firewall, a breakthrough solution that uses advanced AI to precisely detect and block emerging threats, payment fraud and cyber-attacks in milliseconds. 

“INETCO’s patented transaction firewall establishes a new benchmark in payment security,” said Ugan Naidoo, CTO of INETCO. “By harnessing AI-driven intelligence, we’ve developed a solution that enables precise blocking or rate-limiting based on suspicious characteristics detected within specific fields contained in every transaction. This not only improves detection accuracy but also reduces false positives—keeping businesses safe without interrupting their operations.” 

According to the IMF’s Global Financial Stability Report, in the past two decades, nearly one-fifth of reported cyber incidents have affected the global financial sector, causing $12 billion in direct losses to financial firms. The award of this patent emphasizes the importance of delivering the payments security and reliability that all people deserve – every moment, every day.  

With the adoption of generative AI to launch increasingly sophisticated fraud and cyber-attacks that mimic human behavior, traditional solutions that block attacks at the IP or port level risk halting many legitimate transactions, leading to operational disruptions, revenue loss and angry customers. These solutions are also limited as they often rely on the authorization host to decline fraudulent transactions. If the host is compromised or the transaction bypasses the host, there is no way to halt these transactions. In these cases, fraud can go undetected until after the damage is done.

The INETCO BullzAI transaction firewall is a high performance containerized system that can be deployed on-premise or in the cloud. It has the ability to pick up on fraud patterns even before they reach the authorization host, enabling fraudulent transactions to be independently blocked before completion. Instead of relying on generalized models and static rules for detecting ever-changing fraud patterns, it utilizes self-learning models to spot behavior deviations for individual users, cards, ATM/POS terminals or mobile devices. The transaction firewall inspects key data details within each end-to-end transaction, such as terminal IDs and machine fingerprints, to block attacks before they cause harm. This gives financial institutions unparalleled visibility within payment ecosystems to block a range of high velocity attacks in real time with surgical accuracy, including BIN attacks, synthetic identity fraud, ATM cash out attacks, rogue terminals and distributed denial of service (DDoS) attacks.   

“INETCO’s transaction firewall is unique in its ability to combat BIN attacks, where fraud syndicates systematically guess card numbers through very small, low risk transactions until they create a long list of valid card numbers to sell or use in large attacks,” said Naidoo. “By analyzing transaction data at the field level and applying adaptive behavioral analysis to detect patterns in real time, it enables financial institutions to block these attacks without disrupting legitimate payments or customer experiences.” Details of the patent are available here. For a more detailed explanation of how the INETCO BullzAI transaction firewall works, watch this video.

About INETCO

Outsmart fraudsters, stay compliant and keep customers safe with INETCO. Monitoring more than 60 billion transactions annually, INETCO is the trusted choice for financial institutions and payment service providers worldwide to deliver the payments reliability and security that all people deserve – every moment, every day. Embrace the power of end-to-end visibility, adaptive modelling and real-time fraud prevention to secure unparalleled confidence in every transaction. www.inetco.com 

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