Fiserv Amps Up Financial Crime Management Services

Financial services tech firm Fiserv this week launched four new solutions on its financial crime risk management (FCRM) platform.

The company has added a Check Fraud Manager, Payment Fraud Manager, Customer Risk Manager and AML Risk Manager, each of which incorporates real-time behavioral risk monitoring, advanced predictive analytics and real-time profile development on any entity, according to a press release.

“Industry professionals are increasingly conscious of the impact risk management has on the customer experience and are seeking enterprise-wide platforms that work together seamlessly to provide the highest protection with the least customer impact,” Tim Grace, senior vice president and general manager of financial crime risk management at Fiserv, said in a statement. “Organizations also want platforms that are flexible enough to accommodate new strategies without incurring significant customization costs. Our new solutions and Financial Crime Risk Management platform facilitate a customer centric, enterprise approach in risk management.”