Liberty Bank boosts its fraud strategy with Compass Plus partnership

Friday 29 May 2020 10:37 CET | News

Liberty Bank, a large bank in Georgia, has reinforced its fraud strategy to address the rising volume of fraud the industry is currently seeing by partnering with Compass Plus.

Thus, the bank has teamed up with long-term partner Compass Plus to launch a new fraud detection and prevention system built on their solutions. Following the completion of the project, which was implemented with technological support from Compass Plus, Liberty Bank can monitor and act on suspicious transactions, to reduce the risk and losses associated with a wide range of fraudulent activities.

The partnership between Liberty Bank and Compass Plus began in 2005. Liberty Bank provides a full range of banking services to individuals and legal entities using technologies in the financial industry.

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Keywords: Liberty Bank, Compass Plus, partnership, fraud management, transaction monitoring, Georgia, fraud prevention, banking
Categories: Fraud & Financial Crime
Countries: Georgia
This article is part of category

Fraud & Financial Crime