Fraud Detection & Cybersecurity Intelligence
We partner with industry leaders
Industries That Benefit
Banking Institutions
Banks face increasingly sophisticated attacks targeting multiple channels simultaneously, with fraud losses averaging $5-7 per customer annually. Traditional rule-based systems generate excessive false positives while missing emerging fraud patterns, creating both customer friction and financial losses.
Branch networks introduce physical security vulnerabilities while digital channels attract coordinated attack campaigns. Regulatory requirements for fraud prevention continue to expand, requiring comprehensive monitoring and reporting capabilities. Multi-channel integration creates security gaps that sophisticated attackers exploit.
Our fraud intelligence solution provides:
- 80% reduction in digital banking fraud
- 65% decrease in false positive alerts
- Seamless protection across mobile, web, and in-person channels
- Regulatory compliance with fraud prevention requirements
Wealth & Asset Management
Wealth management firms face sophisticated attacks targeting high-value client accounts, advisor identities, and transaction authorizations. Client relationship managers often lack visibility into unusual account activities that might indicate compromise. Wealth advisors become frequent targets for impersonation attacks and social engineering schemes.
High transaction values create lucrative targets for fraudsters who can bypass traditional controls. Verification challenges arise with complex client structures involving multiple beneficial owners and authorized parties.
Our solution delivers:
- Protection for high-net-worth client accounts and transactions
- Defense against targeted advisor impersonation attempts
- Advanced monitoring for unusual patterns in investment activities
- Comprehensive security across all wealth management channels
Investment Firms
Investment companies face sophisticated threats targeting high-value accounts, trading platforms, and advisory services. These attacks often combine social engineering with technical methods, using legitimately obtained information to execute fraudulent transactions or unauthorized account access.
Fund transfer fraud targeting capital calls and distributions creates significant financial risk. Impersonation of general partners and authorized signatories threatens transaction integrity. Advanced persistent threats target proprietary investment strategies and confidential deal information.
Our solution delivers:
- Protection for high-net-worth client accounts
- Prevention of unauthorized trading activities
- Defense against targeted advisor impersonation
- Security for complex transaction patterns
Fintech Companies
Digital financial platforms face unique fraud challenges due to rapid growth, streamlined user experiences, and the absence of face-to-face verification. These companies experience 3-5x higher fraud attempts than traditional institutions, with each successful attack damaging both finances and market trust.
Synthetic identity fraud targets user onboarding processes with increasingly sophisticated techniques. Account takeover attempts exploit credentials compromised through data breaches and phishing campaigns. API security vulnerabilities create opportunities for automated attack campaigns.
Fintech operators gain:
- Real-time protection that scales with user growth
- 70% reduction in account opening fraud
- Defense against automated bot attacks and synthetic identities
- Fraud prevention that maintains conversion-optimized experiences
Capital Markets & Trading
Trading organizations face sophisticated attacks targeting account access, transaction manipulation, and sensitive market information. Flash fraud attempts exploit algorithmic trading by injecting malicious transactions during peak volumes.
Trading credential theft enables unauthorized position establishment and fund transfers. Order spoofing and market manipulation require advanced detection capabilities. Proprietary trading strategies face theft through network intrusion and insider threats.
Trading firms receive:
- Sub-millisecond fraud screening for high-frequency transactions
- Protection against account takeover and unauthorized trading
- Behavioral monitoring for unusual trading patterns
- Advanced defense against algorithmic manipulation attempts
Insurance & Risk Providers
Insurance firms face specialized fraud schemes across claims, applications, and policy changes, with fraud accounting for 5-10% of all claims costs. Traditional detection approaches miss sophisticated fraud rings and organized schemes that distribute activities across multiple policies.
Digital claim submission opens new vectors for document manipulation and identity fraud. Insider threats collaborate with external parties to approve fraudulent claims. Policy application fraud uses increasingly sophisticated identity fabrication techniques.
Insurance companies benefit from:
- 65% improvement in fraudulent claim detection
- Network analysis to identify related fraud attempts
- Reduction in investigation costs through AI-assisted triage
- Faster claim processing for legitimate policyholders
Crowdfunding & Alternative Finance
Alternative finance platforms face targeted attacks exploiting the intersection of financial services and social components. Campaign fraud uses manufactured identities and narratives to solicit investments fraudulently.
Payment processing vulnerabilities allow transaction manipulation and fund diversion. Investor accounts become targets for takeover to execute unauthorized investments. Platform reputation depends on maintaining trust through effective security and fraud prevention. Regulatory requirements demand comprehensive monitoring and verification procedures.
Platform operators gain:
- Comprehensive protection across investor and campaign activities
- Advanced verification to prevent fraudulent funding campaigns
- Transaction monitoring for unusual investment patterns
- Reputation protection through superior security measures
Corporate Finance & Treasury Divisions
Corporate treasury operations face sophisticated fraud targeting payment authorizations, banking access, and financial reporting systems. Business email compromise attacks manipulate payment instructions through spoofed communications from executives and partners.
Wire transfer fraud creates significant financial risk through altered banking details and falsified authorizations. Financial system access credentials become targets for phishing and social engineering attacks. ERP systems controlling financial processes require specialized monitoring for unauthorized manipulation.
Treasury operations receive:
- Protection against payment fraud and manipulation
- Defense against executive impersonation and BEC attacks
- Monitoring for unusual patterns in financial transactions
- Security across all treasury management systems
Problems or Missed Opportunities We Solve
Escalating Financial Losses
Financial institutions lose $30-40 billion annually to fraud, with attacks becoming more sophisticated and harder to detect. Traditional defenses struggle to identify coordinated fraud rings, synthetic identities, and authorized-but-fraudulent transactions.
Our approach:
- Reduces fraud losses by 75-85% through multi-layered detection
- Identifies fraud patterns across seemingly unrelated accounts
- Detects organized schemes before major losses occur
- Updates protection continuously as attack methods evolve
Customer Experience Degradation
Excessive false positives and rigid security measures create unnecessary friction for legitimate customers, leading to abandoned transactions and decreased satisfaction. Many institutions inadvertently block 15-20% of legitimate transactions in their efforts to prevent fraud.
The solution provides:
- 60-70% reduction in false positives
- Risk-based authentication that applies friction selectively
- Smooth experiences for trusted customers and transactions
- Reduced customer support calls related to blocked transactions
Slow Response to Emerging Threats
Traditional security approaches detect new fraud schemes only after significant losses occur, creating persistent vulnerability to emerging attack methods. The typical financial institution identifies new fraud patterns 45-60 days after they begin.
Our intelligence systems deliver:
- Early detection of emerging fraud patterns
- Automatic updates based on global threat intelligence
- Proactive defense against evolving attack methods
- 85% faster response to new fraud techniques
Operational Inefficiency
Fraud and security teams waste valuable time investigating false positives, gathering case evidence, and managing disconnected security tools. These inefficiencies typically consume 50-60% of security resources that could be directed toward strategic protection.
Our unified approach provides:
- 70% reduction in alert investigation time
- Consolidated case management across all channels
- Automated evidence gathering and documentation
- Strategic resource allocation to high-impact security initiatives
Compliance Gaps
Financial institutions struggle to demonstrate adequate fraud prevention and security measures during regulatory examinations, resulting in findings, penalties, and mandatory remediation. Compliance deficiencies typically occur due to fragmented security approaches and inadequate monitoring evidence.
Organizations gain:
- Comprehensive compliance documentation
- Alignment with financial security requirements
- Detailed audit trails for all detection activities
- Demonstrable adherence to security best practices
Case Study
Real Results from Financial Leaders
Certifications & Compliance
Benefits of Using the Solution
Dramatically Reduced Fraud Losses
Stop fraudulent activities before they impact financial results with intelligent detection that identifies suspicious patterns across all channels and products. Financial institutions typically reduce fraud losses by 75-85% within the first year of implementation, directly improving bottom-line performance.
Enhanced Customer Trust and Loyalty
Protect legitimate customers while minimizing security friction through intelligent, risk-based controls that adapt to individual user patterns. Organizations see 15-25 point increases in NPS scores related to security and fraud handling, strengthening customer relationships and retention.
Operational Cost Reduction
Accurate alerts, automated case building, and streamlined workflows eliminate wasted investigative resources. Security and fraud teams achieve 60-70% greater operational efficiency, allowing staff to focus on strategic protection rather than routine alert processing.
Regulatory Compliance Assurance
Meet and exceed financial security requirements with comprehensive protection, monitoring, and documentation aligned with industry frameworks. Organizations achieve 99%+ compliance with relevant security regulations while simplifying the audit and examination process.
Competitive Differentiation
Transform security from a cost center into a market advantage by offering protected financial services that inspire customer confidence. Financial institutions with superior security protection typically see 20-30% higher customer acquisition rates in security-sensitive segments.
Process Flow
Security Assessment & Risk Analysis
The engagement begins with a comprehensive evaluation of your security posture, fraud patterns, and specific risk factors. This assessment identifies protection gaps, vulnerability points, and implementation priorities based on your business model and threat landscape.
Solution Architecture & Integration Planning
A tailored security architecture addresses your specific risks while seamlessly integrating with existing systems and workflows. The design phase establishes data sources, integration points, alert workflows, and performance metrics aligned with your operational requirements.
System Implementation & Data Integration
The solution uses secure API connections to your core financial systems, transaction processors, and customer channels. Data integration establishes the foundation for comprehensive monitoring while ensuring security and privacy compliance.
Model Training & Risk Calibration
AI detection models undergo supervised training using your historical data to establish baseline patterns and risk parameters. This calibration process optimizes detection accuracy for your specific customer behaviors, transaction patterns, and business operations.
Testing & Performance Validation
Rigorous testing verifies system performance across all fraud scenarios, transaction types, and edge cases. This validation confirms detection accuracy, system responsiveness, and workflow functionality before full production deployment.
Monitored Deployment & Continuous Improvement
The solution deploys through a controlled rollout process with close performance monitoring and refinement. Ongoing optimization leverages emerging threat intelligence and performance metrics to continuously strengthen your security posture against evolving risks.
Why Aspagnul Is the Ideal Partner
Frequently Asked Questions
How does your solution reduce false positives without creating security gaps?
Traditional fraud systems generate excessive false positives because they rely primarily on rigid rules that cannot adapt to legitimate but unusual transactions.
Our approach combines multiple detection layers—machine learning, behavioral analytics, and contextual analysis—to distinguish suspicious activities from legitimate variations.
Can your system integrate with our existing security infrastructure?
Our solution is designed to complement and enhance your security investments rather than replace them.
The platform connects with all major financial systems, including core banking platforms, payment processors, digital banking solutions, and existing security tools through secure API integration.
How do you stay ahead of evolving fraud techniques and emerging threats?
Financial fraud evolves continuously, with new techniques emerging weekly.
Our protection remains current through three complementary approaches: 1) a global threat intelligence network that identifies new patterns across our client base, 2) specialized fraud research teams that proactively hunt for emerging schemes in underground forums, and 3) adaptive AI models that identify anomalies before they’re recognized as specific attack patterns.
What makes your approach different from other fraud prevention vendors?
Three fundamental differences separate our approach from conventional vendors.
First, we focus exclusively on financial security rather than general fraud prevention, providing detection models specifically trained on banking, payment, and investment fraud patterns.
Second, our architecture integrates fraud detection with cybersecurity intelligence, recognizing that modern attacks often combine multiple techniques across different channels.
How do you protect sensitive financial data while using it for fraud detection?
Financial data security forms the foundation of our approach, with multiple protective layers including end-to-end encryption, data tokenization, access controls, and privacy-by-design architecture.
The solution operates within your security perimeter, with options for on-premises deployment, private cloud configuration, or hybrid models based on your security requirements.
What ROI should we expect from implementing your fraud and security solution?
Financial institutions typically see returns in four areas: direct fraud loss reduction (75-85%), operational efficiency gains (60-70% investigator productivity improvement), customer experience benefits (15-25% reduction in security-related attrition), and regulatory compliance value (65-75% reduction in remediation requirements).
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- Full financial and technical analysis of your current situation.
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