Fraud Detection for Payment Processing

Business Needs

• Consolidate data into a single Data Lake based customer view
• Automation of Customer Onboarding

Key Features

• Perform Events based processing in Near-Real Time (NRT) for AML, KYC and OFAC
• Aggregated NRT dashboard for Anomalies visualization in near real time
• Bespoke NRT Replication built by Elevondata using Talend for delta loads
• Data Lake for all “Programs” (B2B Client data stores) for Data Sciences
• NRT delivery of analytics, and consolidated anomaly monitoring dashboards
• Ingest 4 MySQL instances from Rackspace into AWS Redshift

Benefits

• Speed to Value
  • Pilot Go-live in 90 days
• Innovation
  • Deliver compliance reports to funds issuing/processing Bank and the B2B Clients
• Reduced Total Cost of Ownership
  • Zero additional resources to deploy & manage Elevondata Solution
  • Annual subscription cost dramatically lower than any other solution client considered (low infrastructure + platform cost)