With the growing banking services and the evolving new fraud & threat environment, one of the leading and innovative public sector bank with 5000+ branches felt the requirement for a comprehensive enterprise wide real time solution. The current solutions deployed were not available across channel and lacked real time monitoring and prevention capability.
Inspira offered EFRMS solution covering all banking channels from CBS, internet, mobile to forex.
The cross-channel deployment helped uncovering hidden patterns, trends and schemes that traditional fraud detection methods missed. There was an increase in regulatory compliance, potentially avoiding costly fees and penalties.