Inform, the leading fraud prevention and risk management software provider, announces Rabobank Group, one of the world's leading financial institutions has signed a full site RiskShield license to conduct transaction monitoring and fraud prevention across its business units and international network.
RiskShield offers Rabobank an adaptable, intuitive and visual interface to develop, maintain, and analyze fraudulent activity. New anti-fraud or AML scenarios can be run easily by the user without the need of an INFORM specialist or IT expert. Fraud investigators can run it on their own and fine-tune the results to achieve the best possible outcome. Rabobank is already using RiskShield to detect and prevent fraudulent transactions in many areas, such as Internet banking, domestic and international payment transfers, card and ATM transactions as well as for payment integrity monitoring and PEP identification and sanction screening.
"We are very pleased with RiskShield's fraud prevention technology and INFORM's capability to deliver excellent service" says Wibout de Klijne, Head of Financial Economic Crime at Rabobank Group. "INFORM's transaction monitoring capabilities have truly impressed us especially its flexibility, performance and ability to quickly respond to the constantly changing modus operandi of the cybercriminal."
"This new agreement is testament to the strength of our risk management and compliance technology across multiple business areas. Our aim is to continually improve cybercrime protection, risk management and compliance capabilities,'' added Wibout de Klijne.
"Our long term relationship with Rabobank is of great significance and pride to INFORM and demonstrates our ongoing motivation to excel in helping our customers combat fraud," says Andreas Meyer, Director Risk & Fraud Division at INFORM. "Rabobank's expanded commitment to INFORM is a strong validation of our software and our unlimited licensing contract further demonstrates our valued partnership."