Fraud and financial crime
Financial crime thrives when data falls short of trust
Fraud and financial crime
Financial crime thrives when data falls short of trust
Financial services organizations face thousands of fraud attempts every month: falsified accounts, transaction fraud, money laundering, and bad actors already inside the organization with access to the systems and cash that matter most. The hard truth is that finserv leaders are fighting evolving and increasingly sophisticated threats with tools that look backward, move slowly, and were built for a different era. Clearspeed closes that gap, with an intelligent trust layer that surfaces risk signals before the damage is done, embedding at point of application, transaction, or claim.
Surface risk earlier instead of digging for missed signs later
Every transaction poses the question: can this be trusted? Clearspeed answers it in real time. A short set of yes-or-no questions, delivered over any voice-enabled device, surfacing immediate risk signals to give you more certainty on legitimacy of interactions.
How an intelligent trust layer keeps fraud from spreading
Speed
Unique insight, greater confidence on both sides of the transaction
Clear the legitimate majority quickly, while flagging the high-risk minority with precision. Less customer friction, payment slowdown, and attrition, and less overwhelm on the teams responsible for managing risk of fraud.
Objectivity
Everyone deserves the same objective assessment
Extending services to underbanked populations - individuals with limited credit histories or non-traditional financial backgrounds – is both a commercial opportunity and a social imperative. But standard application validation tools are poorly equipped to assess fraud risk in these cases because they rely on historical or incomplete data. Clearspeed provides a real-time individual assessment of risk uniquely suited to validating applications for every individual, without bias that data-dependent tools inevitably introduce.
Reach
Extend trust across your financial ecosystem
Fraud exposure comes not only through customers, but also from the financial services workforce and supplier ecosystems. Periodic background checks and compliance training aren’t adequate to monitor system access on an ongoing basis. Clearspeed is a fast, scalable, and non-intrusive way to screen employees and suppliers continuously and as circumstances change.
