Vijaya Bank (now Bank of Baroda) and Clari5 have won the Most Innovative use of AI & Machine Learning award at the 1st IBS Intelligence Global FinTech Innovation Awards which had 26 winners and 22 runners-up from 15 countries. The competition was fierce with about 150 participants. Nominations were assessed on the basis of program complexity, program governance, best practices & tools adopted, originality & simplicity, adaptability of concept, innovation excellence and customer impact before deciding the winners.
From credit card fraud to check fraud to money laundering to cybersecurity, precise and quick anomaly detection is necessary to conduct business, protect customers and protect the bank from potential losses.
CustomerXPs is rolling out a real-time anti-fraud network that will enable member banks to receive fraud-related intelligence in real-time. Read the interview to know why this will be a game-changer.
Clari5 has been shortlisted for the CIR 10th Annual Risk Management Awards – a global program that has been celebrating excellence in the field of risk management since a decade.
Attended by industry stalwarts and with the theme ‘Security at Scale’, DSCI’s 11th Best Practices Meet featured building capacities in data security. CustomerXPs CEO Rivi Varghese spoke about how banks can combat payment frauds to mitigate transaction risk and augment the payment experience.
Sri Lanka’s largest bank, Bank of Ceylon, is now live with real-time, multi-country Anti-Money Laundering and FATCA compliance. Download the case study to learn how Clari5 helped the ‘bankers to the nation’ achieve global AML compliance.