Modeling

Identify, Uncover, and Prevent Micro-structuring

Micro-structuring is a structuring scheme that is difficult for traditional AML rule-based systems to detect. Guardian Analytics AML solutions brings powerful new capabilities to detect and aid in the investigation of these complex money laundering schemes. Guardian Analytics AML solutions provides configurable KYC forms to prevent micro-structuring at the start, region-specific micro-structuring detection through flexible Smart Rules, and a Multi-channel Graph Link Analysis to detect the hidden relationship and movement of funds.

Why Rule Based Approaches Are no Longer Effective in Detecting Online Banking Frauds

With online banking a user doesn’t interact with a bank employee in-person, a user is identified solely through a username and password. These credentials can be, and often are, easily stolen by fraudsters via various phishing and social engineering scams. Security analysts realize that every online session that uses the correct username/password combination cannot be blindly trusted, and there is a need to use additional attributes to verify that the session being conducted is in fact, by a legitimate user.