INDUSTRY AREA

Banks & Financial Services

D
Banking institutions and financial services providers will benefit from the powerful technology running the Blockrails™ FraudBlock™ fraud protection API. This API specializes in providing the highest level of accuracy possible in fraud detection and prevention before it happens.
The FraudBlock™ application uses artificial intelligence through machine learning to root out, identify and flag fake identities, accounts, and potential fraud. FraudBlock™ can effectively be used to ensure non-fraudulent accounts are opened, maintained and managed throughout account usage, as well as scoring the validity of parties prior to payment transactions. 
The core FraudBlock™ API service capabilities include: Fraud Detection/Prevention: Business Email Compromise, Fake Email IDs, Email Scams, Phishing, and Fake Businesses. Artificial Intelligence: Anomaly Detection, Machine Learning, and Intelligent Automation. As FraudBlock™ was designed and built to scale, we recommend initial enrollment for 30 days to establish a trial integration to understand the use case, pricing and scope of work before launching full-scale services. We adhere to strict security guidelines and allow you to process confidential data sets with confidence. Our AWS-hosted cloud service runs FraudBlock™ from a SOC 2 Type 1 compliant delivery center.