Clari5 Review

Overview

CustomerXPs is an India-based company whose flagship product Clari5 currently processes more than 10 billion transactions, manages 450 million plus accounts, and secures 4% of the world’s banking transactions. Clari5 has 200 million accounts at one site which makes it one of the most widely implemented fraud management solutions in the world. The product is utilized by top banks to secure their transaction processes.

The parent company CustomerXPs has won much industry recognition and many awards for its top notch fraud management solutions. The firm’s most popular product, Clari5, utilizes the combined power of decision sciences, AI, automation, and real-time decisions.

Benefits

Benefits of Clari5 Enterprise Fraud Management (EFM) for Banks

Clari5 EFM is a real-time, smart big data platform that fights sophisticated fraud with actionable insights. It tracks suspicious actions in real time, and takes appropriate decisions instantly instead of depending on end-of-day analysis and reporting. Clari5 EFM is built to meet the fraud detection, prevention, investigation, monitoring, audit, and compliance requirements of banks.

Highlights

Implemented by many big global banks

Fights cross-channel and cross-product fraud (CNP fraud, credit card fraud, account takeover, identity theft, internal fraud, etc.) in the bank

Extreme real-time, cross-pollinated intelligence

Customer aware tool that digests all actions, events, and transactions

Breaks silos and provides actionable insights

Readymade integration with commonly used core solutions

Fast SaaS or on-premise deployment

Summary of Advantages

Regulatory compliance

Decreased operational costs

Reduced false positives

Diminished fraud across channels

Reduced reputational and financial loss

Product Features

Pricing

Pricing details of Clari5 and other solutions are not provided publicly. Contact CustomerXPs for the latest pricing information.