dfcu bank wished to automate and streamline their AML compliance to stay compliant with existing and emerging AML/CFT regulatory compliance mandates. Read how Clari5 helped the banking leader achieve regulatory compliance.
Until recently, ‘the cloud’ used to be a bugbear for the banking industry. Banks were hesitant to move vital data and information from in-house environments to the cloud, least of all for financial crime risk management.
Indian Issuer Banks and PPI Issuers can now ensure comprehensive, transparent and auditable Payments Fraud Reporting to RBI in an automated, unified and integrated fashion. Clari5’s single-point modular fraud reporting platform synchronizes with all data source channels and streamlines the entire RBI reporting process end-to-end, right from data upload through to report generation.
The Celent Model Risk Manager Award is a distinguished recognition of project excellence and winners are determined based on best practices use of technology in different areas critical to success in financial risk management, operational risk management, cross risk, and financial crime. Fino Payments Bank won this premier award for flawlessly implementing + quickly going live with Clari5 Enterprise Fraud Management solution, despite the challenging Covid situation. Clari5 is pleased to have endured the strides along with Fino Payments Bank Ltd during this entire journey.
Chartis Research’s latest market update positions enterprise fraud solution providers with specialist capabilities in case management and anti-fraud analytics. The report positions vendors as ‘best of breed solutions’, ‘point solutions’, ‘enterprise solutions’ and ‘category leaders’, based on market potential and completeness of offering. Clari5 is once again positioned among category leaders for enterprise fraud solutions in the RiskTech Quadrant® for Enterprise Fraud Solutions, 2021.
New York, 2 February. Global category leaders in real-time financial crime systems for banking, Clari5 (CustomerXPs), has been featured among the world’s Top 50 service providers in the latest Center for Financial Professionals (CeFPro) Global Fintech Leaders 2021 Report. The report was unveiled at CeFPro’s International Fintech Leaders Convention & Awards. Clari5 is recognized as one of the Top 50 Fintech Leaders for Enterprise Fraud Management and AML solutions, as well as for Customer Experience and Due Diligence.