Fuzzy Logic represents expert knowledge

As the world's first fraud-prevention system, RiskShield uses Fuzzy Logic – accepted as the best mathematical theory to represent (fuzzy) human expert knowledge. RiskShield thus offers your experts the possibility to feed the system with fraud prevention rules in everyday language and with the aid of graphic editors. For example, fraud-prevention rules can be entered into RiskShield with descriptions such as „rather high amount“, „quite a low number“, „in the recent past“ etc., i.e. in exactly the same way as human experts think. Expert knowledge can thus be fed into a computer system quickly to assess the risk of transactions.

Evaluation of historical data

RiskShield saves the typical transaction behaviour of users and payment recipients and allows these histories to be used in fraud prevention rules.

Extremely high real-time performance

The Internet banking server receives the transaction (request for payment) and forwards this to the RiskShield server for a risk assessment. RiskShield responds to these inquiries in a matter of milliseconds.
Our customers report of throughputs of 2,200 transaction evaluations per second in peak times. RiskShield is thus one of the world's most efficient fraud-prevention systems for cashless payments.

High transparency

Unlike most of the other fraud-prevention systems, RiskShield can also provide a reason for the risk assessment on request. Transactions rated as suspicious can be tracked separately by your staff with the aid of the optional RiskShield-Investigator. Extensive reporting functions are available to prepare statistics.

Short reaction times to new fraud patterns

Your experts (or on request the experts from INFORM or an INFORM partner) use the RiskShield client to evaluate new rules against new fraud patterns. The effects of new rules can initially be tested on the basis of older transaction data before they are set into production with only one click – with no downtime of the RiskShield decision server.

A wide variety of uses

RiskShield can also be used for fraud prevention and risk assessment in other areas, e.g. cashless payments in Internet shops or when paying with debit and credit cards, for credit applications, credit rating and to prevent internal fraud.