\n<\/p>\n
\n Regulation Asia announced the winners for its 3rd annual Awards for Excellence 2020 <\/p>\n
SINGAPORE –\u00a0Media OutReach<\/a>\u00a0– 16 December 2020 –\u00a0GBG<\/a> (AIM: GBG), the global technology Fraud is an ever-present danger Founded 31 years ago, GBG One of its customers in Dev Dhiman, APAC Managing Director GBG’s “GBG For Regulation Asia announced the winners for its 3rd annual Awards for Excellence 2020 SINGAPORE –\u00a0Media OutReach\u00a0– 16 December 2020 –\u00a0GBG (AIM: GBG), the global technology specialist in fraud and compliance management, identity verification and location data intelligence, has won Best Solution in Fraud Monitoring & Detection in the\u00a03rd\u00a0Regulation Asia Awards for Excellence 2020\u00a0in an online …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/10218"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=10218"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/10218\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=10218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=10218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=10218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nspecialist in fraud and compliance management, identity verification and
\nlocation data intelligence, has won Best Solution in Fraud Monitoring &
\nDetection <\/i>in the\u00a03rd<\/i>\u00a0Regulation
\nAsia Awards for Excellence 2020<\/em>\u00a0in an online ceremony on 15
\nDecember, 2020.<\/p>\n
\nto financial institutions and their customers, and regulators have taken
\nnotice. In most jurisdictions, financial institutions are required to meet strict
\nregulatory requirements around technology risk management, outsourcing and
\ncybersecurity, designed to prevent fraud and other types of financial crime.
\nYet, this is rarely enough in the absence of adequate tools to detect, prevent,
\nand shut out bad actors.<\/p>\n
\nprovides financial institutions with end-to-end fraud and compliance management
\ncapabilities, using advanced behavioral analytics, collective data intelligence
\nintegrating mobile, IP, email, social, cyber and device, machine learning,
\ncognitive decisioning, and workflow automation to identify anomalies and detect
\nfraud. GBG serves more than 20,000 organisations worldwide — including top-tier
\nbanks in Singapore, Indonesia, China, Thailand, Australia and Malaysia — helping
\nthem validate and verify the identities and locations of customers, detect
\nsuspicious behaviour, manage regulatory obligations, and most importantly,
\nprevent fraud before it occurs. <\/p>\n
\nSoutheast Asia include AmBank, the 6th<\/sup> largest bank
\nin Malaysia, who had selected GBG<\/a>
\nfor its sophisticated fraud and cyber transaction and monitoring solution. With
\nthe solution, organisations can effectively leverage advanced behavioral
\nanalysis, continuous session monitoring and device fingerprinting to detect
\nfraud at the point of origin in
\nreal time, with automated alert and action to stop fraudulent payments across
\nall channels.<\/p>\n
\nof GBG<\/b>, commented. “We are thankful to be recognised by
\nRegulation Asia as the industry leader in fraud monitoring and detection
\nsolutions. We operate in a space where consumers’ and organisations’
\nhard-earned savings are constantly at risk to financial crimes, where missteps
\ncan lead to brand and reputational damage, and where new regulations and
\npolicies transform how financial institutions engage and transact. As a global
\ntechnology provider of fraud and compliance solutions, we see it as our responsibility
\nto continuously innovate to stay ahead of bad actors. Today, our fraud engine can
\nreadily assimilate collective intelligence and AI analytics from IP, mobile,
\ndevice, email, social, location and cyber to enhance fraud detection and
\nprevention in a digital-first world, and this provides our customers with the
\nbenefit of a safer and scalable digital environment in real time. We are
\ngrateful to have our customers trusting GBG to protect their businesses and
\ncustomers, and we will continue to work hard in our next-gen product roadmap.”<\/p>\n
\nsolution monitors all online web traffic for cyber threats, including
\nnon-monetary online banking events, and provides financial institutions with
\nthe ability to detect man-in-the-middle attacks, transaction fraud, phishing
\nattacks, compromise of application systems and information, social engineering
\nattacks, first and third party fraud, bot attacks and emulators, and trojans
\nand malware.\u00a0 <\/p>\n
\nhas what could be the most effective product offering in the fraud detection
\nand monitoring space,” remarked one judge on the awards panel. “Their
\nend-to-end solution is powerful and integrates with key corporate functions to
\nproduce the output required. GBG also has business and support teams stationed in
\nkey client jurisdictions, who are well versed with local regulatory
\nrequirements. This is likely one of the keys to their continued success.”<\/p>\n
\nmore information about GBG’s range of solutions in APAC, click here<\/a>. To view
\nGBG recent awards and achievements, visit us here<\/a>. <\/p>\n<\/p><\/div>\n\n
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