Monday February 6, 2023

Authorised push payment [SCAM] prevention

Use Case	Authorised push payment [SCAM] prevention
Sector	Financial Services
CAMARA API	Scam Signal View API Descriptions
Business problem being solved	Preventing criminals manipulating their victims into making payments through impersonation scams. Typically, a fraudster socially engineers the victim to authorise a payment to the fraudster’s account.
How the solution works	The solution assists a bank to detect and prevent bank transfer scams in real time when a transaction appears suspicious. By leveraging data from the following API, the system can help identify suspicious activity: •Scam Signal: The bank calls the API and is returned a fraud indicator following the analysis of advanced analysis of real-time network traffic data.