FREE monthly fraud analytics reporting!
TruNarrative screens all application data against known fraud parameters, internal watchlists and third-party data. Users in the TruNarrative Consortium pool their insights. Machine Learning detects patterns across the Consortium’s pooled knowledge and then automates the optimal rule configuration.
Our decision engine is always learning. Machine Learning optimises the rules used across the platform. TruNarrative is continually checking the huge bank of rules to see if there are better ones than those applied in your configuration. We look to see if the implemented rules create too many false positives. Such excellent automated rule optimisation reduces application fraud risk by quickly spotting changes to the landscape, whilst continually eliminating inefficient rule sets. For TruNarrative users, excellence and efficiency are equals.
Furthermore, the final decision rests with you. Here, human judgement reigns. Artificial intelligence optimises rule performance faster than any human team could. As TruNarrative monitors constantly, you don’t have to. You receive the system’s findings as suggestions. So, you choose whether to apply, reject or continue testing a suggested rule. Throughout, you retain the final word.
Being able to change your systems quickly and based on sound insight is crucial to fighting fraud. TruNarrative puts you, the fraud and risk professionals in control of these changes. This means you avoid lengthy and costly delays waiting for IT or external suppliers to make these changes.
State-of-the-art technology banishes the limitations of legacy systems. No more high costs to implement new fraud prevention strategies. Instead, you choose to:
Thanks to this ease, TruNarrative responds. When the risk environment changes or when your business scales, you easily update the configuration.
TruNarrative empowers the community of risk professionals. Its cloud-based technology enables secure and protected insight sharing amongst users via the TruNarrative Consortium.
Thanks to the Consortium, your application decisions are based not simply on the data you’ve purchased or hold, but also on the wisdom and insight of your peers. This prepares you to detect and combat new application fraud trends as soon as they emerge including syndicate fraud, identity theft and first party fraud.
TruNarrative includes intuitive workflow and case management solutions to manage referrals and deliver deep link analytics. That way, your referral decisions benefit from all the connections between fraudulent behaviour and data, whether internal or external.
Take well-informed immediate decisions. Match, compare and analyse multiple data sources in less than a second to take a decision.
Constantly optimise rules configuration thanks to Machine Learning and keep pace with fraud risk as it evolves.
Change rules, add rules and integrate data through configuration and without waiting for IT. Reduce cost and adapt to changing fraud trends quicker.
Integrate new data sources and services quickly into the App Store. Incorporate the newest innovations to remain agile.
The TruNarrative consortium provides a safe forum to share optimum rules and insight with your peers, in real-time.