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ThetaRay provides fraud solutions for ING Netherlands

Wednesday 22 June 2016 11:56 CET | News

ThetaRay has announced that it has signed an agreement with ING Netherlands and implemented its Advanced Analytics Solution for fraud detection.

ThetaRays technology and INGs standing risk engine will enable the bank to detect new instances of SME lending fraud hidden within massive amounts of transactional and organizational data, in real-time and with industry, low false positives.

ThetaRays big data analytics platform enables financial services organizations to detect threats such as lending fraud, ATM hacks, money laundering and cyber attacks. Its patented mathematical algorithms enable companies to find unknown threats across multiple environments, systems and sources.

ThetaRay is a provider of big data analytics solutions whose platform analyzes amounts of data for cybersecurity, financial risk detection and operational efficiency, protecting financial services sectors and critical infrastructure against unknown threats.


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Keywords: fraud detection, banking, big data analytics, false positives, cyber threats, online security, ThetaRay, ING Netherlands
Categories: Fraud & Financial Crime
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Countries: World
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Fraud & Financial Crime






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