April 25, 2019 – Guardian Analytics, the market leader in real-time behavioral analytics and machine learning solutions for banking payment fraud detection, anti-money laundering, and enterprise B2B portal fraud, announced their attendance at NACHA Payments 2019 in Orlando, Florida.
Guardian Analytics Faster Payments Fraud Detection with Machine Learning & Behavioral Analytics is a multi-channel solution that detects suspicious behavior in digital channels and fraudulent payment activities in ACH, real-time P2P Zelle, and Wire payment channels.
“According to Digitaltransactions.net, the latest AFP Fraud study unveils a surprising jump in Fraud on the ACH,” said Eric Tran-Le, Vice President of Product Management. “Some 33% of responding organizations said that they had been the victims of actual or attempted fraud on ACH debits last year, up from 28% in 2017. 20% reported being targeted for ACH credit fraud, up 13%. A large number of these ACH fraud schemes starts with BEC scams followed by an account information misuse and ultimately by ACH batch manipulation. Rules-engines will have a difficult time detecting any of these fraudulent tactics, you need machine learning and behavioral analytics fraud detection.”
NACHA Payments 2019 takes place at the Orlando World Center Marriott in Orlando, Florida. Guardian Analytics will be attending as an exhibitor and will present a demo on Same-Day ACH & P2P Zelle Fraud Detection with Machine Learning on May 7th from 9:50am-10:05am in the Innovation Hub.
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 www.GuardianAnalytics.com.
Guardian Analytics is a registered trademark of Guardian Analytics, Inc.