Clari5 EFM

Clari5 Enterprise Fraud Management (EFM) is a real-time, cross-channel fraud detection and prevention platform designed specifically for banks and large financial institutions to combat sophisticated and evolving fraud. Unlike traditional silo-based systems that only analyze isolated channels, Clari5 provides a holistic, enterprise-wide view of all transactions, accounts, and activities across the bank. Leveraging Big Data analytics, predictive modeling, neural networks, and time-series analysis, the platform detects anomalies and fraudulent patterns in real-time, enabling banks to take immediate, actionable decisions. Clari5 EFM covers multiple fraud domains, including internal employee fraud, identity theft, account takeovers (ATO), card-not-present (CNP) fraud, payment card fraud, and cross-channel fraud, offering end-to-end protection for both customers and the institution. The platform integrates seamlessly with core banking systems, CRM, HRMS, and payment processors, allowing real-time monitoring of financial and non-financial transactions. With advanced case management, regulatory reporting, and automated alerting, it minimizes false positives and optimizes investigation efficiency. Clari5 EFM has demonstrated successful deployment in large global banks, managing billions of transactions and hundreds of millions of accounts.