Fraud Prevention
Combat fraud and financial crime effectively with our intelligent real-time decision engine.
Success story
Real-time fraud prevention and compliance for instant payments
Oldenburgische Landesbank AG (OLB), a diversified universal bank with a nationwide presence in Germany, faced increasing pressure from instant payments, more sophisticated fraud schemes, and growing regulatory demands. With transfers executed in seconds, OLB needed to strengthen real-time detection and intervention capabilities to protect customer funds and maintain regulatory compliance.
The ChallEnge
Instant payments have fundamentally changed the requirements for fraud prevention. Transactions are executed within seconds, leaving banks with only a minimal time window to detect and stop suspicious activity before funds are irreversibly lost. At the same time, regulatory requirements continue to evolve while fraud schemes become increasingly sophisticated.
For OLB, protecting customer funds and ensuring regulatory compliance under these conditions became a critical priority. As Marie-Christine Titze, Director and Group Head Compliance – Anti Financial Crime, puts it: “Instant payments are now the number one payment method for fraud.”
“With RiskShield, we can adjust rules ourselves – from individual thresholds to entirely new fraud scenarios. This gives our teams the flexibility to respond quickly to emerging risks.”
The project in brief
- Real-time monitoring and analytics enable the immediate detection of suspicious transactions, customer activities, and fraud patterns.
- RiskShield supports fraud prevention and AML use cases across OLB’s compliance landscape.
- OLB’s compliance and fraud teams independently adapt rules and scenarios, enabling rapid responses to new fraud patterns and regulatory requirements.
The Result
Through its collaboration with INFORM and the deployment of RiskShield, OLB significantly strengthened its fraud prevention and compliance capabilities. The real-time platform enables suspicious activities to be detected and stopped before damage occurs, while automation and flexible rule management reduce operational effort. As a result, OLB is better equipped to protect customer funds and respond effectively to evolving fraud schemes in a real-time payments environment.
