Fraud Health Check Service
Unleash the full potential of the aiRiskNet® fraud SaaS solution by having our fraud experts review and optimise your fraud strategies, maximise efficiency and streamline your operational processes.
- Comprehensive analysis with recommendations
- Advice on operational processes and best practice
- Fraud strategy creation for future product releases
Protect your business with confidence
In the fast-paced world of fraud prevention, staying ahead requires more than just tools—it demands strategy, expertise, and constant evolution. That’s where our Fraud Health Check Service comes in. Designed exclusively for aiRiskNet® clients, this service connects you to 25 years of proven fraud risk management expertise. Our specialist consultants have worked with financial institutions worldwide, uncovering opportunities to enhance detection, efficiency, and customer experience. We analyse and assess your fraud strategy and give you best-practice recommendations tailored to your business. We empower your team to mitigate risks, optimise current fraud strategy, and maximise the value of your SaaS fraud management tool aiRiskNet®.
We will assess your current approach and help you stay at the forefront of fraud prevention.
Why Choose ai’s Fraud Health Check?
SaaS fraud management solutions have cost-saving, data privacy, and flexibility benefits, but most of all, they enable your teams to maintain complete control of your fraud life cycle.
However, your focus is on your core business, so why not let the experts come in and perform a health check? We’ve been working with aiRiskNet® for 25 years – continually improving and developing it. Our team of fraud strategy experts know how to extract the highest value from this powerful platform, assess your current strategy, and advise on improvements to maximise its benefits.
Specialist consultants have decades of expertise and bring their product and operational knowledge from working with hundreds of financial institutions worldwide. This broad and deep experience allows us to identify best practices and pioneer innovative approaches for fraud risk management, ultimately enabling you to stay at the vanguard of fraud management.
What’s included in a Fraud Health Check
Health check can cover RiskNet Issuer, RiskNet Acquirer and RiskNet Real-time.
Comprehensive review of rule strategies
New rule recommendations, existing rule optimisations and highlighting underperforming rules.
A complete review of your fraud strategy process and operational process
This includes monitoring and maintenance recommendations.
Identifying key fraud trends and behaviours
Fraud type classification, behavioural profiling and pattern analysis.
Key focus on strategic imperatives
Increase overall fraud capture, reducing false positives, reducing release rates and optimising alert volumes
Visualising behavioural trends
Customer demographics, high-risk areas and key areas of interest
Fraud strategy management for future product releases, new features or capabilities
If you are releasing a new product, we will be able to advise you on how to mitigate risk and assist you in rolling that out
Recommendations for ongoing maintenance of strategy
Including monitoring and reporting to ensure optimal performance
Specifically tailored to align with your business goals
A Client-centric process. From the start, we tailor our engagement to align with your organisation’s specific goals, enabling us to deliver insights and recommendations that are directly relevant to your objectives.
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Improved performance
Our health check is structured to drive tangible fraud detection and management improvements. Through our assessment and recommendations, you realise financial savings while optimising processes to detect and address fraudulent activities more effectively.
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Guidance from industry experts
Our consultants are highly experienced and deeply invested in your success. They provide best practice recommendations tailored to your specific operational needs and budget constraints, helping to bridge the gap between your current state and your fraud risk management goals.
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Enhanced compliance
For financial institutions navigating regulatory requirements, our health check offers the added benefit of a third-party, independent business review. This can be an invaluable component of your risk assessment framework, aligning with regulatory standards and enhancing your compliance posture.
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Data-driven decisions
Our health check service's core is a data-driven approach that empowers informed decision-making. Our assessment framework is designed to adapt to your environment fully, ensuring that the insights we generate are actionable, measurable, and capable of being embedded within your organisation.
How it works
1) Discovery Questionnaire
2) Agreement on terms of reference and health check kick-off
3) Interim Health Check Update
4) Health Check Report
5) Client presentation and follow-up
Find out how it works
Speak to our specialists today to learn more about our Fraud Health Checks and how we can help you achieve your goals and drive further efficiencies.
Contact Us