Powering the future of payment fraud detection and prevention with enhanced precision, performance and speed for financial institutions worldwide
Vancouver, BC – October 2, 2024 – INETCO Systems Limited, a global leader in transaction performance management solutions and protecting payments from fraud and advanced cyber-attacks, is proud to announce innovative enhancements to its real-time transaction analysis platform. The INETCO Insight 8 software release promises a new era where cutting-edge security meets performance excellence, helping financial institutions combat payment fraud, stay compliant and keep customers safe.
“The latest enhancements to the INETCO Insight platform represent a major leap forward in performance and payment security,” said Ugan Naidoo, CTO at INETCO. “We’ve integrated our most advanced AI-driven models and transaction monitoring features, enabling financial institutions, processors and retailers to not only detect threats in real time but also anticipate and block fraudulent transactions with unparalleled accuracy. We are excited to introduce these next-level features to our growing customer base as we work together to manage the rapidly transforming digital payments landscape.”
With the increasing complexity of AI-driven fraud and cyber-attacks, INETCO has doubled down on its mission to protect every transaction and ensure they will be completed securely and reliably. This latest release introduces features that not only protect against today’s performance and security challenges but anticipate the monitoring, detection and prevention needs of tomorrow.
Speed, precision and protection — redefined
INETCO’s real-time transaction analysis platform blends speed, precision and protection, redefining how financial institutions manage both payment performance and payment security. Key features in this release focus on:
- Real-time threat detection: Employs supervised and unsupervised machine learning models, anomaly detection and risk scoring to detect and prevent fraud with greater accuracy.
- Behavioral analytics: Analyzes individual user, card and entity behavioral patterns in real-time to identify anomalies before potential threats can execute.
- Fraud case management: Streamlines fraud case management with real-time training, using labeled cases to retrain ML models for faster and continuous adaptation to emerging fraud patterns.
- Patented transaction firewall: Independently blocks a variety of malicious transactions at the field level, ensuring seamless protection without affecting legitimate transactions.
- Tokenization: Ensures sensitive data is safeguarded by converting it into secure tokens, minimizing the risk of exposure.
To learn more about how INETCO Insight 8 can transform payment performance analysis and enhance your security strategy, contact our team today.
About INETCO
Maximize your payments protection with INETCO. Trusted by financial institutions and payment service providers around the world, INETCO is on a mission to help our customers eliminate payment fraud, stay well ahead of compliance, and keep consumers safe. Our innovative AI-driven platform provides the ultimate detection and prevention of new payment fraud and cyber-attacks across all your banking channels. Embrace the power of essential end-to-end visibility, accuracy and speed that secures unparalleled confidence in every transaction. www.inetco.com