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dVelox Fraud Analytics is a next generation solution for business fraud detection. Thanks to a high level of precision, it is capable of beating both already known fraud and new ways of defrauding, always in an on-line and automated manner. dVelox Fraud Analytics features
Explanatory
dVelox Fraud Analytics is based on predictive models, which allow “explaining” the causes that have determined a specific fraud typology.
Besides, it allows detecting new ways of defrauding, undetected so far, given that the analytic engine finds connections among the variables. This fact allows starting new researches.
Agile and Flexible
The tool is sensitive to market behaviour changes and adapts to them automatically, detecting the new ways of defrauding that arise at each time to beat them and take decisions in a proactive manner.
Precise
dVelox Fraud Analytics detects fraud in a precise and almost in real-time (on-line) manner.
Its results guarantee its effectiveness:
- Increase of 35% on the average in the detection of fraudulent operations
- 10% of the fraudulent operations detected were unknown fraud so far.
Automated
dVelox Fraud Analytics is feedback through new data that come from the client’s operations. This can be done in an unattended and automatic manner, which will let you to save maintenance costs and effort without losing precision. This aspect differentiates us from the rest of fraud prediction solutions.
User-friendly
The business user itself will be the one to develop its own scenarios and simulations, by means of a graphical and intuitive interface that will allow it to work on its own without depending directly on the mathematical or computing area.
Easily integrable
Easy to integrate with applications and corporate architectures. It is based on standards, it allows to add new functionalities according to the business needs.
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Apara has been the only Spanish company referenced on the last Gartner report about fraud management, MarketScope for Enterprise Fraud Management. On it, they analyze the technological providers that stand out because of its capacity to give support a wide range of functions of fraud management, including detection, transaction lock in real time and capacity of prevention.
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