This new product seamlessly integrates with the proven real-time architecture of the existing PROGNOSIS BASE24 software suite to provide a holistic BASE24 monitoring and performance management solution. Using sophisticated multi-conditional pattern matching with the ability to monitor individual transactions as they happen, this new product enables a number of functions, most notably in the area of fraud detection. Fraudulent activity can be detected within seconds, allowing financial institutions to act fast and minimize their losses due to card fraud.
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