FOR IMMEDIATE RELEASE
September 20, 2021
NEW YORK, NY – Fraud.net is pleased to have been certified for access to the United States Department of Commerce (DOC) National Technical Information Service (NTIS) to assist businesses in fraud prevention and compliance with Know Your Customer (KYC) and Anti Money-Laundering (AML) regulations.
Fraud.net’s achievement in securing NTIS access is indicative of their continual efforts to comprehensively secure their own data and operations as well as those of the clients they serve. This achievement also indicates the periodic review and improvement of such security processes, for the benefit of Fraud.net’s clients and to ensure constant government compliance.
Access will improve their adaptive scoring platform and processes, including:
- Data Enrichment – adding this dimension to their collective intelligence network will better inform Fraud.net’s machine learning processes, to the benefit of their clients
- Case Management – more accurate (and faster) transaction authentication and scoring lowers the rate of false positives and makes case-by-case reviewing more efficient
- Business Intelligence – advanced data mining and visualization, better informed by this list will provide an edge in fraud detection for Fraud.net and their clients.
Fraud.net’s achievement reflects their ongoing commitment to continuously bolster their fraud management and prevention solutions and ultimately save millions more in profits for their clients while safeguarding their data in the process.