In 2022, CYBERA joined the Temenos Marketplace. Since then the teams have worked together to integrate the products into both Infinity Retail Banking (IRB) and Financial Crime Mitigation (FCM).
This is great news for Temenos customers of both products as:
- Quick and easily turn on CYBERA Cybercrime Watchlist in IRB and FCM
- Be able to take action against fraud, scams and mules throughout the customer lifecycle to:
- Reduce customer losses
- Detect more mules
You can see first-hand with the two demo videos, how the integrations can enrich the platforms to deliver against the problems of fraud and scams in real time payments.
What is Cybera Cybercrime Watchlist?
CYBERCRIME WATCHLIST TM is a unique dataset, sourced, in the main from, CYBERCRIME VSRTM fraud and scam reports made by victims.
CYBERCRIME WATCHLIST TM allows the client to enrich their financial crime and fraud detection and prevention systems with high quality datapoints covering:
- Known Mule Accounts
- Persona details including names, social usernames, email, phone number linked to mule accounts and wallets
- Omnibus accounts receiving fraudulent transactions
Why is it needed?
Cybercrime is low risk, low investment, and high return. Not surprisingly, illegal financial gain is one of the biggest reasons for cyber-attacks. The result is a predicted USD 10 Trillion of damages by 2025. Our vision is to change that.
There is increasingly regulations globally, particularly in the UK, that is increasing the need for banks and payment firms to do more to stop, fraud scams and the mules that enable these. Read more about this here and here.
These integrations are ready to go, so reach out to your Temenos Account Manager or click here to talk directly to CYBERA.