Skip to main content

​
What is Fraud and Transaction Monitoring?

FrankieOne’s Fraud and Transaction Monitoring solution evaluates both non-financial activities (like login and registration) and financial transactions against predefined rulesets to determine fraud and/or money laundering risks. It involves continuously assessing user behavior, device characteristics, and transaction patterns to detect suspicious activity and ensure ongoing protection beyond the initial onboarding process.
FrankieOne gives you a competitive advantage by protecting your business, your customers, and your reputation, and its importance extends far beyond simple compliance.
  • Mitigate financial crime: Uncover and prevent fraudulent transactions and money laundering schemes to protect your organization from financial and reputational harm.
  • Navigate global regulations: Confidently meet requirements from various financial crime regulations by continuously monitoring suspicious activities, so you can ensure compliance and avoid penalties.
  • Protect customer assets: Ensure customer accounts and transactions are secure, demonstrating a strong commitment to security and building customer trust with your customers.
  • Improve operational efficiency: Improve operational efficiency: Automate detection and streamline investigation workflows, allowing your team to focus on high-risk cases more effectively.
  1. Onboarding fraud checks
You can leverage advanced screening for phone numbers, email addresses, device characteristics, and behavioral biometrics to prevent fraudsters from being onboarded.
  1. Continuous activity monitoring
You can continuously evaluate non-financial activities (e.g., logins, password changes) and financial transactions (e.g., deposits, withdrawals) against dynamic rulesets to detect suspicious behavior.
  1. Risk assessment and case resolution
Generate real-time risk scores for entities and activities. Your officers can investigate pending cases in the FrankieOne Portal, gaining a complete picture of an individual’s risk profile, and resolve them as approved or declined.

​
Fraud and Transaction Monitoring Product Suite

FrankieOne offers a comprehensive suite of products designed to work together, providing complete coverage across the entire fraud prevention and monitoring lifecycle. To learn more, see Core Products: Fraud and Transaction Monitoring.
FrankieOne’s team of compliance and integration experts are ready to help you design and deploy a world-class Fraud and Transaction Monitoring solution. Contact us today.If you are an existing FrankieOne customer, contact your Customer Success Manager or Account Executive to find out more.