Real-Time Payment Screening

Unit21 Real-Time Payment Screening is a dynamic fraud prevention solution designed to detect and block suspicious payment activity instantly, without disrupting the customer experience. It empowers financial institutions to respond to threats in real time using customizable rules, enriched data, and AI-powered insights. The platform supports sub-second decision-making and integrates seamlessly with existing workflows, enabling proactive protection against evolving fraud schemes across ACH, checks, scams, and account takeovers.

Features

• Sub-Second Latency: Enables instant fraud detection and blocking with minimal delay.
• Customizable Rule Engine: Build and deploy rules tailored to specific use cases, risk tolerances, and workflows.
• Out-of-the-Box Typologies: Access pre-built rules for common fraud scenarios including ACH fraud, scams, and credential stuffing.
• Historical & Live Data Testing: Validate rule performance using backtesting and shadow mode before going live.
• Allowlist Management: Maintain trusted user lists to reduce false positives and streamline legitimate transactions.
• Velocity-Based Detection: Monitor spikes in activity across users, devices, and sessions to catch early signs of fraud.
• Visual Dashboards: Over 40 dashboards provide real-time visibility into fraud trends, losses, and prevention metrics.
• AI-Powered ACH Monitoring: Detect anomalous transfers, high-velocity fund movement, and suspicious counterparties.

Capabilities

• Real-Time Decisioning: Instantly flag and block fraudulent transactions using behavioral and transactional data.
• Device Intelligence Integration: Link devices to accounts to uncover spoofed logins, mule networks, and credential stuffing.
• Graph-Based Network Analysis: Map shared fingerprints and IPs to reveal coordinated fraud rings.
• Automated SAR Drafting: AI agents generate Suspicious Activity Reports with contextual insights for compliance teams.
• Bulk Processing Support: Handle large volumes of transactions with batch screening capabilities.
• Linked Entity Detection: Identify connections between accounts, devices, and behaviors to surface hidden risks.
• Flexible Data Ingestion: Accept any data type—transactional, device, user activity—for comprehensive screening.

Benefits

• Proactive Fraud Prevention: Stop payment fraud before funds leave the account.
• Reduced False Positives: Improve accuracy with allowlists, backtesting, and enriched data.
• Faster Investigations: AI-powered summaries and visual dashboards accelerate case reviews.
• Enhanced Customer Experience: Maintain security without disrupting legitimate transactions.
• Scalable Protection: Adapt to new fraud patterns and payment types with flexible rule logic.
• Compliance Confidence: Automate reporting and ensure regulatory alignment with AI-generated SARs.
• Operational Efficiency: Streamline fraud detection and response across teams and systems.