Dallas, Texas and Mountain View, Calif.,—July 19, 2014 —SWACHA Services Corporation (SSC) announced today a partnership with Mountain View, Calif.-based Guardian Analytics to market a suite of software products that use behavioral analytics to prevent banking fraud. Dallas-based SWACHA Services Corporation is a for-profit, wholly owned subsidiary of SWACHA, one of the largest not-for-profit electronic payments associations in the country.

Guardian Analytics’ FraudMAP solutions use patented Dynamic Account Modeling™ technology to develop and dynamically maintain behavioral models for every user of electronic payment services or online banking. New activity is then analyzed relative to the established norm to detect suspicious or anomalous activity that could indicate fraudulent activity or identity theft. FraudMAP is able to quickly identify changes in behavior, capture the changes in an elevated risk score, and issue an alert so the affected organization can take immediate action.

“Partnering with Guardian Analytics allows us to offer a proven product to our clients to combat cyber-criminals who are stealing personal information and money,” said Tim Quisenberry, AAP, president of SWACHA Services Corporation. “Given the growing global issues of banking fraud and identity theft, we believe every financial institution needs to have this type of capability as part of their standard fraud prevention strategy.”

With Guardian Analytics solutions, financial institutions and others in the electronic payments industry can:

Monitor online and mobile banking activity from login to logout
Detect unauthorized access to all types of secure portals
Analyze ACH origination files at the batch and transaction levels
Analyze wire transactions in real-time
Conform to the anomaly detection component of the FFIEC Guidance
“We’re pleased to be partnering with SWACHA as one of the premier payments associations in the U.S.,” said Terry Austin, President and CEO of Guardian Analytics. “Our customers, including numerous SWACHA members, have found that they not only are preventing banking fraud, but achieving strategic objectives including improving operational efficiency and brand reputation, and increasing revenue through offering expanded services with confidence that they’ve mitigated fraud risks.”

About SWACHA Services Corporation
SWACHA Services Corporation (SSC) is a for-profit, wholly-owned subsidiary of the SWACHA-The Electronic Payments Resource®. SSC provides a wide range of professional services to community banks, credit unions and other financial intuitions in the electronic payments industry outside of those traditionally offered through SWACHA membership. For more information, visit www.swachaservices.com.

About Guardian Analytics
Guardian Analytics is the inventor and leading provider of behavioral analytics solutions for preventing banking fraud. Over 400 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.