Fiserv has tied together the anti-fraud tools from across its portfolio into a new enterprise security hub for institutions.
The Brookfield, WI vendor introduced its new Enterprise Risk Service this week, which will enable alert transfers between the range of anti-fraud and AML solutions that Fiserv has built or collected over the years, namely NetEconomy, Carreker and Imagesoft FraudGuard. The Enterprise Risk Service “enables alerts and risk scores to be shared for collaborative and weighted scoring” to improve detection and lower false positives, according to the company.
“Financial institutions are seeking ways to integrate their compliance and fraud operations in order to create an enterprise-wide view of risk, but siloed business units and systems are a significant barrier," said Neil Katkov, svp and managing director of the Asia Research group at Celent, in a statement.
