Vulnerabilities In The Cloud

Top 10 Fraud Detection and Prevention Service Companies - 2021

The year 2021 is bringing new challenges as well as opportunities into the world of fraud detection and prevention. Since the beginning of the pandemic crisis, we have been witnessing a significant rise cyberthreats. With the scope of cyberattacks intensifying and their frequency increasing, enterprises are investingin robust fraud detection and prevention systems capable of protecting their data and financial assets.

 Especially when it comes to financial institutions, fraud prevention and detection is all about how quickly they can prevent fraudsters from deceiving their security systems in place. The organizations have a window of mere seconds to spot and stop potentially fraudulent transactions and prevent loss of assets. This is where AI-powered fraud detection and prevention systems are enabling organizations to identify unusual patterns consistent with loan/credit card fraud and money laundering and take the necessary steps beforehand.

 On the other hand, predictive analytics is also turning out to be a boon for financial organizations. By leveraging predictive models, organizations are able to use existing data and predict outcomesfor various targets. Based on the results, they are prioritizing different assets and bolstering their security capabilities. Some organizations are even utilizing predictive analytics techniques in real time in their live transactional systems.

 In the wake of such technological trends taking root in the marketplace, we have compiled this issue of Financial Tech Review to assist financial and business organizations in countering fraud. In this edition, we have listed the top fraud detection and prevention solution providers and services companies to help you choose the most advanced cyber threats. Besides, the magazine comprises thought leadership articles from subject-matter experts, CIOs, and CXOs in the IT sector on the latest industry trends, best practices, recent innovations, and highlights their expertise. We hope this issue of FinancialTech Review helps you build the partnership you and your organization need, to foster a workspace driven by robust and efficient technology.

We present to you Financial Tech Review’s  “Top 10 Fraud Detection and Prevention Service Companies – 2021.”     

    Top Fraud Detection and Prevention Service Companies

  • Templar Shield is a premier information security, risk and compliance technology professional services firm that provides a variety of service options to meet your specific needs including advisory, integrated risk transformation consulting, operations, and technical solutions. Templar Shield’s smart approach builds a cohesive platform that integrates AML into every level of the organization for better data and optimum results. As a robust professional service and value-added reseller, the company provides a variety of service options to meet customers’ specific needs including advisory, integrated risk transformation consulting, operations, and technology solutions. Notably, Templar Shield’s AML Solution Elements range through AML risk assessment, quality control testing (QCT), AML rule management, policy management, issues management, and fraud investigations

  • Advisx


    AdvisX has a long history of combining real-world compliance experience with pragmatic technological innovations to help financial institutions effectively manage the cost of regulatory risk

  • FundingShield


    Provides the residential mortgage industry’s highest level of protection in the funding process to close new origination mortgage loans

  • MCG Compliance, LLC.

    MCG Compliance, LLC.

    MCG Consulting offers RegTech Solutions for the US Financial Securities market

  • Merchant Processing Advisors

    Merchant Processing Advisors

    Merchant Processing Advisors, LLC offers a wide range of services to our clients to help their businesses prosper and grow

  • MIB Group

    MIB Group

    MIB Solutions has the methods, processes and technologies in place to efficiently streamline accurate statistical reporting of company’s experience data to the respective regulator



    Provides choice and flexibility to community financial institutions throughout the U.S., and is a single-source provider of the following services: debit card, core, fraud, ATM, merchant, marketing, training, risk and ACH

  • Technology Insights

    Technology Insights

    Leverage technology to empower our customers to increase profit recovery, maximize business information, remove strain from internal resources, and reduce the time it takes to receive valuable information

  • Upfront Security

    Upfront Security

    Raise awareness by providing low-threshold and user-friendly tools that help protect personal data

  • Veritrans


    The company is a global company that speeds up and simplifies business application development through our Low-Code Platform

Take Me Top