Fraud Detection

Detect Fraud Early and Reduce the Potential for Negative Impact

As the speed of transactions increases, so does the sophistication of fraudulent activity that is underway across many industries. With an abundance of information flowing everywhere, is has become much more difficult to stop fraud, and your business is left vulnerable. Whether it's check fraud, credit card fraud, or corporate fraud and theft, the problem can be found in every industry. As a loss prevention professional, you know that there is no end to the creativity of those who engage in fraudulent activity. How can you keep up with the latest efforts to harm your business?

The Progress® Apama® Event Processing Platform leverages the power of complex event processing to spot potential fraud patterns in point-of-sale (POS) activities in real-time. And with Apama, you also gain the power to immediately act on that information. Apama helps you reduce risk and lower costs by identifying conditions that negatively hit your bottom line because the platform offers the means to intercede before the damage is done.  As fraud schemes change, Apama tools allow you to quickly create new detection rules or to alter the parameters of existing ones to keep apace.

Here are some more features that make Apama a leading fraud detection solution: 

  • Highly interactive dashboards that allow loss prevention professionals to view information in an intuitive real-time display that is easily customized to their requirements.
  • An integration environment that allows monitoring data to be connected with different middleware systems, applications and other endpoints without disrupting the current IT infrastructure.
  • Development and testing tools that can rapidly create, test and evolve monitoring scenarios, without lengthy development cycles that risk being too late.
  • The ability to create customized capabilities like the correlation of real-time event data with video surveillance systems.

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