Fraud & Financial Crimes Compliance
Superior detection. Better prevention. Trusted protection.
How SAS Delivers Better Fraud & Financial Crimes Compliance
Enhanced fraud detection. Efficient, effective investigations. Consolidated suspicious activity monitoring and reporting. Proactive protection through advanced analytics, AI, machine learning and regtech technologies.
Anti-money laundering
- Adopt an advanced strategy for detecting suspicious transactions in areas such as AML, CFT sanctions screening and beneficial ownership.
- Take a risk-based approach using hybrid analytics to manage alerts, test scenarios, respond faster to evolving risks and comply with banking regulations.
Identity & digital fraud
- Get a 360-degree view of your customers to better balance security and convenience.
- Detect and adapt to new identity fraud trends in real time.
- Centrally access and manage third-party identity data.
- Reduce false positives with layered analytic methods.
- Easily scale with custom-built or plug-and-play strategies.
Payments fraud
- Find fraud early through embedded machine learning capabilities that adapt to changes in customer transactions and behavior.
- Address the proliferation of identity theft and synthetic identities.
- Find more fraud and reduce false positives by processing all data – in real time or in batch – using a powerful fraud analytics engine with embedded AI and machine learning techniques.
Customer Success
Look Who's Using SAS for Fraud & Financial Crimes Compliance
Using layered detection to cut third-party fraud by more than 80%
Axcess Financial uses SAS Identity 360 to dramatically reduce fraud losses and boost customer satisfaction. Richard Cooney, Fraud Director at Axcess Financial, says, "Speed accuracy and the ability to detect new attacks quickly are essential for being effective in the digital space. SAS gives us the ability to do that."
Preventing payment card fraud one transaction at a time
Nets uses SAS for advanced fraud detection, enabling better security and customer satisfaction – and the lowest payment card fraud levels in Europe.
Fighting financial crime through a global anti-money laundering platform
Bangkok Bank uses advanced analytics from SAS to meet expanding AML requirements for global operations and to ensure that compliance keeps up with changing regulatory frameworks.
Related Products & Solutions
- SAS® Anti-Money LaunderingTake a risk-based approach to monitoring transactions for money laundering and terrorist financing activities.
- SAS® Customer Due DiligenceRate new customers and update existing customer scores based on key events and new information.
- SAS® Detection and Investigation for BankingFind and stop organized and first-party application and payments fraud with a single, end-to-end solution.
- SAS® Financial Crimes AnalyticsModernize your existing AML solution by operationalizing AI and machine learning in the cloud.
- SAS® Fraud ManagementDetect, prevent and manage fraud enterprisewide in real time – from a single platform.
- SAS® Identity 360Protect your organization from digital and identity fraud throughout the customer journey with a SaaS solution that delivers affordable, high-end identity verification and fraud detection.
- SAS® Visual InvestigatorAddress a wide variety of intelligence analysis and investigation management needs with speed and precision.
