High-end fraud prevention as a Service, in the AWS Cloud

Matrix-IFS combines consulting, tools and methodologies in a fully-managed fraud prevention solution for financial service providers, powered by the IBM Safer Payments platform on the AWS cloud. Leveraging an enterprise-level system together with the scale and flexibility of the cloud, even small and medium-sized businesses can now offer their customers tier 1, next generation fraud protection, at an affordable price.

Time is money and, when it comes to detecting and stopping fraud, every second counts. Matrix-IFS’s robust, top-tier system is quick to onboard, simple to use, and cost effective to run. With fast implementation, you get the cover you need quickly, as your investment starts to work for you within a matter of weeks. Threat simulation, accurate detection, and immediate model deployment ensure that protection is in place as soon as new threats emerge, resulting in high hit rates and an incredibly low false-positive rate of just 1:3. A built-in AI machine learning capability becomes increasingly efficient and accurate with time, and means no complex code that would require technical skills or resources to adapt the system to new threats.

The Matrix-IFS Anti-Fraud as a Service solution can be used across all payment channels – online banking (web & mobile), cards and SWIFT/SEPA. We also provide a single browser user interface for your fraud investigators; centralized case management and a common data model; and a single point of contact for all your anti-fraud needs.