cVidya has released a major new version of its Fraud Management solution, which is equipped with advanced detection tools.
The company said the latest version of FraudView will significantly reduce the time it takes for service providers to investigate fraud and limit their financial exposure, improving efficiency and enhancing business performance.
Fully compatible with the Hadoop big data framework, the new version of FraudView also proactively highlights suspicious patterns in historic data related to the investigated entity.
Furthermore, an intuitive new user interface streamlines the investigative process by enabling analysts to collect pieces of evidence in an e-commerce-style shopping cart.
To help business leaders gauge the impact of criminal activities, this new version of FraudView also introduces tools and dashboards that provide key business insights, such as the service provider’s financial exposure and the monetary implications of specific attacks and counter measures.
The solution can be accessed from any device with a web browser, enabling a CFO, for example, to check specific dashboards on a tablet at an airport.
“Our advanced algorithms ensure that business leaders and fraud analysts have the information they need at their fingertips, enabling them to move swiftly and decisively to safeguard their business,” said Alon Aginsky, president and CEO of cVidya.