News

SuperChoice partners with Alacer Group to tackle fraudulent transactions

Tuesday 1 February 2022 10:29 CET | News

Australia-based fintech SuperChoice has teamed up with US-based Alacer Group to implement the latter’s Velocity FinCrime Solutions to fight fraud and monitor transactions.

Through the adoption of the Alacer Group’s Velocity FinCrime Solution Suite, SuperChoice will strengthen its digital transaction monitoring efforts against digital fraud and AML compliance. Velocity utilises advances in the fields of artificial intelligence and machine learning to equip the fintech with optimised solution against fraudulent transactions.

The fraud detection platform will support SuperChoice with targeted multi-channel AML and fraud alerts. With its analytics engine, Velocity will help the former achieve enhanced protection and compliance consistently. Alacer-Velocity’s Transaction and Behaviour Monitoring System is designed to meet regulatory standards. The system is flexible with a range of out-of-box rules and convenient to use for detection, alerting, scoring, and reporting to regulatory authorities.


Source: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: partnership, fraud detection, fraud prevention, AML, compliance, artificial intelligence, machine learning
Categories: Fraud & Financial Crime
Companies: Alacer Group, SuperChoice
Countries: World
This article is part of category

Fraud & Financial Crime

Alacer Group

|

SuperChoice

|
Discover all the Company news on Alacer Group and other articles related to Alacer Group in The Paypers News, Reports, and insights on the payments and fintech industry:





Industry Events