Real-Time Payment Fraud Prevention

Unit21’s Real-Time Payment Fraud Prevention platform empowers financial institutions to detect and block fraudulent activity instantly, without compromising customer experience. It uses adaptive, customizable rules and AI-powered analytics to monitor transactions, user behavior, and device signals in real time. The platform supports sub-second decision-making, enabling proactive fraud defense across payment channels.

Features

• Sub-second latency for real-time fraud detection and blocking
• Ingestion of any data type: transactional, behavioral, device, or custom
• Out-of-the-box fraud typologies and customizable rule creation
• Historical and live data backtesting for rule validation
• Velocity-based rules to detect unusual spikes in activity
• Allowlist management for trusted users
• 40+ dashboards for fraud trend analysis and performance tracking
• Visual dashboard with full explainability and historical context
• AI-powered detection for suspicious ACH activity
• Batch processing for bulk fraud actions

Capabilities

• Detects fraud across checks, ACH, scams, account takeovers, and more
• Builds velocity rules across users, devices, and sessions
• Flags repeated payments, login attempts, and rapid account activity
• Enables champion/challenger model testing for rule optimization
• Provides full visibility into potential, prevented, and actual losses
• Supports dynamic rule creation based on evolving risk tolerance
• Integrates seamlessly with existing fraud and AML systems
• Enhances accuracy with smart filtering and anomaly detection

Benefits

• Stops fraud in milliseconds without disrupting legitimate transactions
• Reduces false positives through advanced backtesting and allowlists
• Improves operational efficiency with automated rule deployment
• Enhances fraud team confidence with transparent, explainable decisions
• Enables faster response to emerging fraud patterns
• Supports regulatory compliance and audit readiness
• Strengthens customer trust through secure, seamless experiences
• Consolidates fraud detection across multiple payment types in one platform