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Anti Money Laundering

Infoglide Software provide money laundering, anti fraud, fraud detection, identity resolution, entity resolution Solutions through intelligent (id)entity matching and powerful non-obvious relationship analysis across disparate data sources.

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Anti Money Laundering

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  1. About Us Infoglide offers applications for retail, banking, insurance, government, data and information providers, and law enforcement. The company’s technology is used to uncover risk, fraud, and conflicts of interest and is also a useful tool within Business Intelligence (BI) and Master Data Management (MDM) applications.

  2. Insider Fraud and Collusion To reduce risk, you need a solution that is Capable of not only screening against known perpetrators, but is also able to detect hidden social network relationships. Key benefits of Infoglide’s Insider Fraud and Collusion solution include: • The ability to search data where it lives without requiring normalization. • The system’s service-oriented architecture. • Its built-in, highly scalable Identity Resolution matching engine that reduces false positives and false negatives

  3. First-Party Fraud (FPF) / Synthetic Identity Fraud Financial institutions are forced to combat many types of fraudulent activity, but few are as damaging and difficult to detect as first-party or “bust-out” fraud. Analysts estimate that between 10% and 20% of all banks’ unsecured bad debt is actually bust-out fraud, resulting in tens of billions in losses every year.

  4. Bust-out fraud is difficult to identify for three primary reasons • The fraudsters initially look and act like normal customers. • Criminals work together in networks and often spread activity across multiple departments within a bank. • After holding accounts for a set period of time, the fraudsters act very quickly, meaning that banks can’t fraud detection problems fast enough to react and block purchases

  5. Key benefits of Infoglide’s Social Link Analysis solution for First-Party Fraud include • Reduced Fraud Losses • Reduced Operational Expenses • Increased Investigator Efficiencies

  6. Contact Us Corporate Headquarters 6500 River Place Blvd., Bldg. 2Suite 450Austin, TX 78730 Contact No 512-532-3500 Email pr@infoglide.com

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