Detecting Fraudulent Transactions in Seconds!

December 8, 2023
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Momore Oladeinde

Detecting Fraudulent Transactions in Seconds!

In the dynamic realm of digital transactions, fraud prevention is not just a strategy—it's a necessity. At Periculum, we understand the urgency of staying ahead in the fight against fraud. Explore how our cutting-edge AI technology is revolutionising fraud detection, providing real-time insights to safeguard your operations.

Monitor and Identify Fraud in Real Time

Our cutting-edge AI fraud detection system operates in real time, allowing you to monitor and identify suspicious activities based on your customers' unique patterns. By analysing transactions as they happen, we provide immediate alerts, enabling prompt action to mitigate potential risks.

Detection Touch Points

Our fraud detection solution covers a spectrum of touch points, ensuring a comprehensive and robust defence against fraudulent activities:

1. Behavioural Analysis: Understand your users' behaviours and detect anomalies that may indicate fraudulent activities.

2. Biometric Authentication: Implement advanced biometric measures for secure user identification and to prevent unauthorised access.

3. Rule-Based Systems: Establish predefined rules and thresholds to flag transactions that deviate from established norms.

4. Identity Verification: Employ robust identity verification processes to ensure the legitimacy of individuals engaging in transactions.

Features of Fraud Monitoring

  • Real-Time Monitoring: Monitor transactions as they occur, enabling immediate detection of suspicious activities.
  • Machine Learning Algorithms: Utilise advanced algorithms to learn from historical data and identify patterns indicative of fraud.
  • Biometric Technologies: Implement fingerprint or facial recognition for secure user authentication and identity verification.

Benefits of Fraud Monitoring

  • Swift Detection: Detects and responds to fraudulent transactions in a matter of seconds, minimising potential damages.
  • Adaptive Strategies: Utilise adaptive strategies that evolve with changing fraud patterns, ensuring continuous protection.
  • Enhanced Security: Implement state-of-the-art security measures, including biometric authentication, for robust user verification.

Use Cases

Explore how our fraud detection solution has been instrumental in safeguarding businesses across various industries:

  1. Financial Institutions: Fraud monitoring can be used for detecting unusual account behaviour, such as sudden large transactions or multiple transactions below reporting thresholds and monitoring cross-border transactions to identify potential money laundering activities or sanctions violations.
  2. Gambling: Transactional monitoring can be used by gambling industry to help verify player identities to stop underage or fraudulent account use. It watches transactions, spotting odd patterns like huge deposits that might signal money laundering or fraud. By analysing behaviour, it catches unusual gambling habits that might indicate fraud or problematic play. 
  3. E-commerce and Retail: Online retailers can use Fraud monitoring to identify suspicious payment patterns, like multiple orders with different shipping addresses but the same payment details and to track transactions for discrepancies in purchase history, detecting unusual return patterns or irregular refunds.

Ready to fortify your defences against fraud and secure the future of your business? Take the first step today by contacting Periculum. Our experts are ready to tailor our fraud detection solutions to meet the unique needs of your industry. Don't wait; ensure the safety of your transactions with Periculum. Contact us now!


Revolutionise your approach to fraud prevention with Periculum's cutting-edge AI technology. Our real-time fraud detection system, featuring behavioural analysis, biometric authentication, and rule-based systems, ensures swift identification of suspicious activities. Explore the benefits, including adaptive strategies, enhanced security, and real-world use cases across financial institutions, gambling, and e-commerce. Ready to fortify your defences? Contact Periculum to tailor our fraud detection solutions to your industry's unique needs and secure the future of your business.

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