RiskShield

RiskShield is one of the world's leading software products for risk assessment and fraud prevention. The RiskShield customers are typically banks, payment and processing service providers, telecommunication and insurance companies.

Working in real-time, RiskShield currently protects more than 145 million cards against fraud in payments. RiskShield detects and prevents fraud with credit cards and debit cards at ATMs, merchants and in Internet shops. RiskShield also prevents merchant fraud, internal fraud and credit applications with a fraudulent background. Attacks on Internet banking platforms can be detected and contained by RiskShield. RiskShield thus saves banks and payment and processing service providers millions every year. Customers who have replaced existing fraud prevention systems with RiskShield report 30% reduction of fraud damage and thus annual savings that run into millions. RiskShield decision components are also used world-wide for risk assessments of loan defaults and for credit rating.

Telecommunication companies deploy RiskShield as an Enterprise Decision Management (EDM) solution. As well as reducing fraud and loan default in (micro-) payments, RiskShield provides reliable credit ratings and supports intelligent claims management. RiskShield is also used to facilitate intelligent customer selection for incentive or loyalty campaigns and other customer categorisations. The improved accuracy and timeliness of decisions which RiskShield automates in each of these applications delivers substantial additional profit.

RiskShield decision components are used in more than 25 insurance portfolios in Europe and North America for automatic claim evaluation and fraud risk assessment. An insurance claim automatically classified by RiskShield as inconspicuous can be settled faster and more cost-effectively and so strengthening customer loyalty. The time that is now available for a detailed investigation of claims that have been classified as unusual can save the companies millions every year.

For a short introduction into RiskShield solutions, please select from the menu options on the left. If you would like to know, how your company could benefit from RiskShield, please contact us by email (riskshield@inform-ac.com) or call us (+49-2408-945680).