Clari5 Enterprise Fraud Management
Real-time, cross-channel fraud management (instead of the conventional channel silo-based approach) to detect and deter ingenious attempts bankwide.
Clari5 Enterprise Fraud Management Solution is a real-time intelligent Big Data solution that combats sophisticated fraud with real-time, actionable insights. It monitors suspicious activities in real-time, and takes the right decision at the right time as opposed to end-of-day reporting and analysis. Clari5 EFM is designed to meet the fraud detection, investigation, prevention, monitoring compliance and audit needs of banks.
Every Region. New Rules. The Same Urgency.
Financial crime is no longer a regional risk. It is a coordinated, cross-border, cross-channel threat. In 2026, regulators across every major market have moved from guidance to mandate. Three forces are compressing the window for action. Machine-learning-powered attacks now deploy fraud tactics in hours that once took months.
Regulatory frameworks including PSD2, GDPR, AUSTRAC's revised AML/CTF rules, MAS SRF, CBUAE Notice 2025/3057, and CBN's shared liability rules are raising the floor for what counts as adequate fraud controls; and false declines from over-tuned rule sets are quietly destroying customer revenue and lifetime value.
Banks that rely on channel-siloed, rules-only transaction monitoring systems are not just falling behind attackers. They are falling outside regulatory tolerance. The minimum the regulator expects to find today is real-time cross-channel fraud detection, explainable decisioning, and audit-ready documentation. Anything less is a governance gap at board level.
The Fraud Your Existing Systems Are Not Seeing
Global banking fraud losses reached $32.4 billion in 2024, with payment card fraud accounting for 67%, online banking fraud 18%, and ATM fraud 9%. Driven by 78% of consumers now transacting through mobile banking channels. The fraud patterns connecting these losses share one characteristic. They are deliberately cross-channel.
A fraudster who opens a mule account digitally, executes a card transaction and exits via a branch counter remains invisible to siloed detection because each system sees only its own slice of the event. Authorised push payment scams, synthetic identity fraud and coordinated mule networks each require machine learning-based anomaly detection working alongside rules and not rules alone.
Regulators and industry bodies have confirmed that transaction monitoring is moving from a traditional rules-based approach to a behavioural, machine-learning-supplemented model as the typology of fraudulent payments evolves. Banks and financial institutions that have not made that transition are operating on borrowed time.
See how Clari5 maps to your 2026 regulatory requirements. Book a 20-minute session with our regional specialists.
Enterprise Fraud Management Solution
AI-Powered Real-Time Fraud Detection for Modern Banks.
Banks need a unified, intelligent fraud defense that adapts instantly and strengthens protection without adding complexity.
Highlights
Advantages
Clari5 EFM Solution Suite
Highlights
- Implemented successfully in large global banks
- Combats cross-channel, cross-product fraud (internal fraud, identity theft, ATO, credit card fraud, CNP fraud, etc.) across the bank
- Cross-pollinated intelligence in extreme real-time
- Customer aware solution digesting all transactions, events and actions
- Silo Breaker with actionable insights
- Out-of-the-box integration with widely used core systems
- Rapid on-premise or SaaS deployment
Advantages
- Reduced financial & reputational loss
- Reduced sophisticated fraud across channels
- Reduced false positives
- Lower operational costs
- Regulatory compliance
Clari5 EFM Solution Suite
- Clari5 Employee Fraud Management: Enables real-time employee or internal fraud prevention
- Clari5 Real-Time Transaction Monitoring: Protects banks against core-banking frauds like customer, account and employee level frauds
- Clari5 sMitch: Allows customers to Switch On/Switch Off Card transactions by category and indicate their spend rules through mobile banking or internet banking
- Clari5 Cross-Channel Fraud Monitoring: Proactively combats Cross-Channel and Cross Product fraud in real-time
- Clari5 Payment Card Fraud Management: Provides payment instrument issuer, payment processor or a merchant acquirer the necessary arsenal to monitor, detect and prevent fraud
- Clari5 Online Banking Fraud Prevention: Empowers banks to detect and prevent fraud before the online banking transaction is completed and take necessary action to prevent the damage
Employee Fraud Detection
The growing prevalence of internal fraud has mandated use of technology solutions to counter such instances. The need of the hour is a comprehensive solution that scrutinizes suspicious employee behavior and immediately prevents fraud from taking place.
Clari5 Employee Fraud Management enables real-time prevention of employee or internal fraud. It enables the bank to systematically enforce a fraud-free culture while controlling and detecting access to critical customer information.
Highlights
Sample Scenario
Advantages
Highlights
- Early warning system to detect anomalous employee behavior
- Preventive vigilance on employee activities
- Monitors Employee, Office and Customer accounts for any repeated suspicious behavior
- Integrates banking systems like Core banking systems, CRM and HRMS to identify anomalies
- Integrated hierarchical case management for investigation and closures
Sample Scenario
Advantages
- Reduced insider fraud and fraudulent events
- Reduced monetary & reputational Loss
- Regulatory compliance & auditing
Transaction Monitoring
Core banking is one of the most important channels for banking since the bulk of high-value transactions pass through it. In spite of its vulnerability, most of the core-banking transactions are monitored post-facto that leaves enough room for fraudsters to get away with the fraud.
Clari5 Real-time Transaction Monitoring solution protects banks against core-banking frauds like customer, account and employee level frauds. It makes use of real-time intelligence and predictive analytics to detect and stop/hold suspicious transactions as they happen in the core banking system.
Highlights
Sample Scenario
Advantages
Highlights
- Monitors financial and non-financial core-banking transactions with cross-pollinated intelligence gathered across all other channels
- Provides real-time alerts on employee fraud such as unauthorized customer account access, repeated charge waivers to customers, high volume TOD issues, etc.
- Monitors all transactions and alerts the department concerned of any fraudulent pattern identified or of any potential fraud threat
- Delivers real-time alerts for ATO Fraud, Threshold Breach, Money Mule Accounts, etc.
- Prevents suspicious transactions from advancing and creates cases for the Fraud Investigation Team
Sample Scenario
Advantages
- Shields your bank from all core-banking frauds
- Perpetual monitoring of financial & non-financial inquiries
- Reduced reputational loss due to fraud
- Improved customer loyalty and advocacy
- Aids regulatory compliance and auditing
Online Banking Fraud
The growing menace of account takeovers and identity thefts are severely impacting the safety of online banking transactions. Combating such frauds in real-time becomes even more critical given the vulnerability of the channel involved.
Clari5 Online Banking Fraud Management provides a foolproof mechanism for threats such as Identity Theft, ATO and Money Mules. It identifies fraudulent activities across the bank by monitoring all online banking transactions including logins, beneficiary registrations and fund transfers.
Clari5 helps detect and prevent the potential fraud before the online transaction is completed and takes necessary action to prevent the damage.
Highlights
Sample Scenario
Advantages
Highlights
- Real-time fraud risk advice established on bank policies with the help of Decision Strategy Manager
- Pre-packaged scenarios to prevent ATO, Money Mule and Mandate Fraud
- Integrated advanced Case Management based on behavioral patterns
- Integrated fraud risk reports & dashboards
- Option to integrate with existing systems or use Clari5 for additional authentication
Sample Scenario
Advantages
- Instant detection of complex IB fraud schemes
- Reduced fraud losses and quicker ROI with real-time fraud prevention
- High performance with sub-second response time for real-time risk advice
- Improved customer confidence and loyalty
- Reduced reputational loss due to fraud
Payment Card Fraud
Payment Cards (Debit, Credit and Prepaid) have raised the levels of convenience for customers. However, the convenience also comes with a high potential for fraud and funds theft during transactions.
Clari5 Payment Card Fraud Management is a comprehensive solution that combats card fraud in real-time. It provides the payment instrument issuer, payment processor or the merchant acquirer the necessary arsenal to monitor, detect and prevent all card frauds including Card-Not-Present (CNP) situations.
Highlights
Sample Scenario
Advantages
Highlights
- Profiling customer behaviour based on multiple scenarios
- Merchant/ POS/ Operator Behaviour Profiling
- Real-time fraud risk advice that allows, declines or challenges a transaction
- Integrated Case Management for fraud analysts
- Comprehensive Reporting & Business Intelligence
Sample Scenario
Advantages
- Immunity against third party & operator level frauds
- Reduced reputational loss due to internal/external fraud
- Better regulatory compliance & auditing
- Increased customer loyalty and advocacy
Multi-Channel Fraud
Cross-channel frauds pose the biggest threat to banks that use traditional silo-based fraud management systems. Countering cross-channel frauds requires a holistic view of the entire ecosystem, take the multiple entities into account, and cross pollinate relevant information in real-time across all products and channels.
Clari5 Cross-channel Fraud Management is a complete solution that uses intelligent models based on neutral networks, time series and complex analytics to proactively combat cross-channel/cross-product fraud. Clari5 combats frauds across velocity, internal & threshold types.
Highlights
Sample Scenario
Advantages
Highlights
- Tracks Cross-Channel and Cross Product patterns in real-time and cross pollinates the information for better decisions
- Tracks not just the channel where the fraud terminates but also the originating channel to deliver holistic fraud monitoring
- Provides comprehensive functionality with pre-packaged channel, products and geography specific scenarios
- Powerful monitoring engine functioning in absolute real-time
- Easy configuration of scenario parameters based on internal policies during deployment/run time using Clari5’s Scenario Authoring Tool (SAT)
Sample Scenario
Advantages
- Enhanced fraud management capability across multiple products & channels
- Drastically reduced instances of false positives
- Reduced cross-channel fraudulent events
- Reduced reputational loss due to fraud
- Enhanced customer advocacy & loyalty
Detection in Milliseconds. Investigation in Minutes. Audit-Ready on Demand.
Clari5's enterprise fraud management solution is purpose-built for this environment. The platform delivers sub-100ms decisioning across digital, card, branch and payment channels simultaneously. Connecting every transaction, every product and every customer touchpoint into a single real-time risk view. Its 500-plus pre-built fraud scenarios cover UPI and instant payment fraud, online banking fraud prevention, payment card fraud management, cross-channel mule detection and employee fraud, reducing deployment time without sacrificing precision.
The machine learning layer continuously adapts to emerging attack typologies without requiring IT intervention, so risk teams can respond to new patterns within hours. Every decision is explainable. Every alert generates a documented investigation trail. Compliance-ready automated reporting means your evidence is already prepared when the regulator asks. Clari5 integrates with Finacle, Temenos, Oracle, FIS and Finastra, and deploys on-premise or hybrid environments across APAC, Southeast Asia, the Middle East and Africa. Our fraud management specialists work with banks globally to close the gap between where fraud controls are today and where regulators require them to be.