INFORM GmbH, a global company in advanced optimization software systems and a leader in providing intelligent, customer-centric fraud prevention and compliance solutions, is pleased to announce that bpost bank in Belgium has selected RiskShield to strengthen its risk management strategy for multi-channel banking fraud prevention and sanction controls.
bpost bank chose INFORM to help meet its real-time fraud detection and sanction screening requirements, its ability to react fast on new fraud threats and support future payment applications such as Instant Payments and PSD2. Contributing to lowering bpost bank’s total cost of ownership while offering an integrated multi-channel platform that provides a single customer view, RiskShield will help boost consumer protection by enabling accurate and efficient detection of fraud and sanctioned activities.
“As banks, big or small, we are all potential targets for the ever-increasing sophistication of criminal attacks. To stop fraud, it’s all about providing the bank with the means to fight back,” said Ludwig Van Wemmel, Head of Operational Risk of bpost bank. “With RiskShield, we will have a highly flexible and powerful solution that easily integrates into our online- and mobile banking infrastructure, allowing us to implement and control anti-fraud and compliance measurements using a single platform. The reason for selecting INFORM was not only due to the RiskShield technology, but also the in-depth industry knowhow of INFORM’s consultants and the positive experiences expressed from other banks. This is what gave us complete trust that we selected the right partner.“
“We are pleased to have been chosen by bpost bank as their partner to fight financial crime,” added Dr. Andreas Meyer, EVP of INFORM. “Committed to deliver the best tools to help bpost bank achieve their ultimate goals - to deliver an exceptional customer experience, prevent emerging risks and reduce costs with future-proof technology, we are looking forward to developing a long-term PRESS RELEASE 2 / 2 relationship with them.”