ACAMS Casions AML detection

Wire Fraud Prevention

Payment Fraud Manager from Fiserv takes wire transfer fraud prevention to an entirely new level. It provides an integrated cross-channel view of customers and their behavior, evaluating their wire transfer transactions with sophisticated analytics. With Fiserv, increased fraud detection accuracy and real-time capabilities help financial institutions respond swiftly and effectively to wire transfer fraud before losses are incurred.

Payment Fraud Manager applies advanced analytics and risk scoring models that provide real-time transaction interdiction while enabling fraud analysts to focus their efforts on the highest risk wire transactions, presenting all of the data the analyst needs to determine how to investigate and properly disposition a suspicious wire transfer request. Financial Services institutions can quickly and flexibly adapt strategies to react to emerging wire fraud patterns through user-defined risk scenarios and scorecards.

Key benefits:

  • Identifies wire fraud in real-time before losses are incurred
  • Catches more wire fraud using predictive pattern recognition models
  • Controls flash fraud with user-defined scenarios and scorecards
  • Simplifies workflow with comprehensive alert and case management

How it works:

Real-time detection scenarios evaluate wire transfers, looking for unusual behavior and other characteristics that indicate fraud risk. The system continuously updates normal behavior profiles for each customer, account and other entity relevant to the wire origination and traffic, such as the user, account, device or beneficiary.


  • Learn More
  • Wire Fraud Prevention Brochure