Payment Fraud
Payment fraud evolves rapidly through account takeovers, social engineering, and card-not-present attacks. Unauthorized or deceptive payment activity across card, real-time and account-to-account payment channels creates significant exposure. Traditional monitoring examines individual payments, leaving institutions vulnerable to coordinated attacks spanning multiple accounts and channels.
ContexQ analyzes payment flows, counterparties and behavior patterns together to identify suspicious activity across channels. By mapping connections between payers, payees, accounts, devices, and IP addresses, ContexQ detects fraud rings and coordinated attacks in real-time.
Key Benefits
Cross-Channel Visibility
Analyze coordinated fraud spanning multiple payment types and channels by mapping relationships across card payments, wire transfers, mobile payments, and real-time payment systems. Identify suspicious payment patterns that traditional single-channel monitoring misses.
Reduced False Positives
Recognize patterns of simultaneous or sequential account compromises by analyzing shared devices, IP addresses, and behavioral signals across multiple victims. Improves alert accuracy through contextual analysis, reducing false positives by up to 70% while maintaining security.
Operational Efficiency
Stop authorized push payment (APP) fraud and social engineering attacks by analyzing recipient relationships and behavioral patterns. Streamline investigations and prevent fund transfers before losses occur.