Guardian Analytics® To Feature New Enterprise B2B Portal Fraud Detection Solutions At ACFE’s Global Conference

Mountain View, CA, June 13, 2017Guardian Analytics, the market leader in behavioral analytics and machine learning solutions for preventing banking and enterprise B2B portal fraud, today announced their sponsorship and attendance at the Association for Certified Fraud Examiners (ACFE) Global Fraud Conference, the leading annual conference for fraud prevention, detection and investigation professionals.
The financial fraud problem in corporations has grown rapidly in recent years, estimated to be 3-5% of annual revenues. As banks have strengthened their fraud defenses, fraudsters have increasingly directed their attacks on vulnerable enterprises. Even modern internet companies with sophisticated controls have recently fallen victim to B2B vendor fraud, resulting in combined losses of $100M through fraudulent wire transfers. These problems highlight the deficiencies of the existing fraud detection systems and call for a new approach.
Guardian Analytics will be showcasing Sentinel, the new fraud detection solution for B2B web portals and treasury management, built on top of the patent-pending behavioral analytics and machine-learning platform deployed at hundreds of financial institutions and enterprises. Guardian Analytics Sentinel protects B2B vendor portals from a wide array of fraud types including account takeover, business email compromise (BEC), fake invoicing, fake purchase orders and modified wire and ACH templates. Guardian Analytics Sentinel addresses fraud detection needs of professionals in finance, supply chain, treasury management, and information security with a solution that offers greater precision and higher fraud capture.
According to Linda Coven, senior analyst with Aite Group’s Wholesale Banking and Payments practice, “There is a growing need for enterprises to protect themselves from fraudulent attacks, such as BEC and Ransom-ware. To do so effectively may require the use of machine learning analytical tools.”
“As digital transformation of modern enterprises continues, CFOs and controllers are faced with significant challenges in deploying payment fraud detection measures,” said Prashanth Shetty, Vice President of Marketing for Guardian Analytics. “From business email compromise to fake invoicing, we’re seeing a significant rise in crime targeting corporations. As such, it’s important for these firms to have tools that can protect them from substantial losses.”
Built on an open API, Guardian Analytics Sentinel includes an automated risk-scoring engine without requiring manual intervention. The “machine-to-machine” architecture allows for real-time intervention and can be deployed in as little as 60 days. Sentinel protects enterprises from reputational risk, reduces supply chain fraud losses and enhances operational efficiency by generating fewer false positive alerts.
The ACFE Global Fraud Conference takes place June 18-23 at the Nashville Music City Center. Attendees interested in seeing a demo should contact
About ACFE
The Association of Certified Fraud Examiners is the world’s largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more than 80,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession. The 28th Annual ACFE Global Fraud Conference will attract professionals from around the world involved in identifying, preventing and detecting corporate fraud. This event offers an unparalleled opportunity to connect with decision-makers and influencers in the anti-fraud world. There are a variety of exhibition and sponsorship avenues to accomplish your sales and marketing goals.
To learn more about ACFE, visit
About Guardian Analytics
Guardian Analytics is the pioneer and leading provider of behavioral analytics and machine learning solutions for preventing banking fraud and anti-money laundering. Hundreds of financial institutions have standardized on Guardian Analytics’ innovative solutions to mitigate fraud risk and rely on the company to stop the sophisticated criminal attacks targeting retail and commercial banking clients. With Guardian Analytics, financial institutions build trust, increase competitiveness, improve their customer experience and scale operations. Guardian Analytics is privately held and based in Mountain View, CA. For more information, please visit
Guardian Analytics is a registered trademark of Guardian Analytics, Inc.
Media contact: Laura Pauli
(650) 383-9200