Fraud Detection and Prevention
Fraud detection and prevention traditionally looked at historical data—poring over records to spot potentially fraudulent behaviour in the past. This method was far from ideal and In today’s digital world would be outpaced in a second.
To ensure stable fraud detection and prevention, it needs to be done in real-time, stopping fraud at the moment or even before it happens. Today’s automated fraud management solutions enable companies to identify unusual patterns of behaviour consistent with fraudulent activity and freeze the transaction before it is completed.
Enhance your fraud prevention efforts with an enterprisewide strategy that unifies security systems and focuses on improving early detection.
For more about fraud detection and fraud prevention and how they can be applied to your business, feel free to contact us directly for a consultation. Our team will be happy to take you through our feature sets and how we can help improve your current business processes.
What do we do at Locstat?
Locstat provides a real-time analytical inference platform that fuses and streams data from multiple sources to identify critical events and patterns that impact the continuity of business operations.
We uncover insights and opportunities to empower businesses, industries and humans with real-time data, knowledge and intelligence. We help them navigate the challenges to thrive in our rapidly changing world.
Why use Locstat subscriptions services?
Decide whether to opt for a monthly or annual subscription. Contact us for flexible payment models.
Locstat provides a secure solution with all the necessary access controls, encryption and data security protocols to ensure your data safety.
No data lock-in
You are always in control of your data. Easily export data to use and analyse in other systems.
Explore our other business solutions
Don’t think that our fraud detection and prevention solution the right option for you?
We’re pretty flexible in helping businesses handle, manipulate and analyse their data, which is why we have several solutions all aimed at providing our core technology to you without having to compromise on performance, cost or security.
Review our alternative solutions available.
- Big Data Analysis
- Customer360 Reviews
- Database integrations
- Data Modelling
- Database Management
- Event Processing for IoT
- High Volume Transaction Monitoring
- Geospatial Analytics and Common Operating Picture Environment
- Graphical Dashboards
- Integration Into Applications Requiring Complex Event Processing Capabilities
- Know your Customer (KYC) and Anti-Money Laundering (AML)
- Machine Learning
- Real-time Streaming Analytics
- Recommender Systems
The latest news
Find out more about what we’re up to at Locstat, the latest developments to our core products and services as well as staying up to date with industry news and trends.