Fiserv, Inc., a leading provider of software solution for Financial Industries, launched Enterprise Risk Service (ERS). It is a connectivity hub that provides alert system within products of its anti-fraud and anti-money solutions. The benefit includes better detection capabilities, fewer false positives, less revenue losses, improved efficiencies and lowered total cost of ownership.
The ERS system sends any suspicious activity alert and associated risk within ints solution from Fiserv’s NetEconomy for compliance and fraud protection, Carreker fraud solutions, and Fiserv Imagesoft’s FraudGuard solutions for digital check imaging protection against forgery. The alert and risk can be collaborated with the capability of scaling the risk. The hub can also communicate with third party through a single point to enable the enterprise to view the risk.
“Financial industry trends point to the benefits of sharing information across risk silos for improved efficiencies, business insight and competitive advantage. With Fiserv’s new Enterprise Risk Service, our customers can seamlessly integrate alerts from disparate fraud and anti-money laundering silos to improve risk protection,” said Sebastian Kuntz, president of Fiserv Fraud and Compliance Solutions. “By taking advantage of the new ERS, clients benefit from superior combined intelligence, and the potential to significantly reduce risk with this first-of-its kind offering for true enterprise level financial crime oversight, prevention and management.”
source: press releaseFiled under Enterprise Software, Risk Management | Tags: Fiserv’s NetEconomy, Fraud, FraudGuard, Risk Solution software | Comment Below