Clari5 Enterprise Fraud Management by CustomerXPs is a real-time intelligent Big Data solution designed to detect and deter sophisticated fraud across banking channels. It monitors suspicious activities in real-time and provides actionable insights, enabling timely decision-making instead of relying on end-of-day reporting. Clari5 EFM is built for fraud detection, investigation, prevention, and compliance in banks. It successfully combats cross-channel and cross-product fraud, including internal fraud, identity theft, account takeover, credit card fraud, and card-not-present fraud. The solution operates as a 'central nervous system' for banks, offering cross-pollinated intelligence in extreme real-time and breaking down silos to provide actionable insights.
