Unit21 Launches Real-time Monitoring To Fight Real-time Fraud

By Author: Orson Amiri
Total Articles: 408
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Unit21, a leading provider of risk and compliance solutions, has introduced Real-Time Monitoring at the Money20/20 event to revolutionize risk management for financial institutions. The Real-Time Monitoring solution is designed for financial entities using real-time payment systems with low latency requirements. It equips fraud prevention teams with enhanced capabilities to monitor real-time transactions, enabling proactive fraud prevention and reducing fraud-related losses. Key benefits include:

Holistic Transaction Visibility: Provides a comprehensive view of transactions for thorough fraud assessment.

Sub-Second Transaction Blocking: Allows the blocking of suspicious transactions in real-time.

Enhanced Customer Experience: Reduces the risk of flagging legitimate transactions as fraudulent by whitelisting trusted customers.

This solution aims to address the evolving real-time payment landscape and streamline risk management. Unit21's commitment to proactive fraud prevention and AML compliance demonstrates its dedication to the dynamic financial crime prevention sector.

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