Radicant bank collaborates with RegTech startup NetGuardians


Share post:

The first digital sustainability bank in Switzerland, Radicant Bank, will work with NetGuardians to improve payment security. Through its use of behavioral analytics, machine learning, and AI, NetGuardians creates customer profiles.

Real-time transaction monitoring software calculates a risk score for each transaction by comparing it to the customer profile. NetGuardians asserts that the software lowers operational costs, improves customer and user experience, and decreases the number of false positives. With machine learning algorithms, financial institutions can identify emerging threats and stay one step ahead of them.

Last year, radicant teamed up with Squirro, which links and analyses data to provide new insights to support decision making.

Read More: radicant bank teams up with RegTech startup NetGuardians

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.


Please enter your comment!
Please enter your name here


Related articles

Best Practices for FinTech Compliance

In financial tech (FinTech), following rules is important. FinTech firms operate in a fast-changing world. They must know...

UK Businesses Modernising to Enhance Security and Counter Fraudulent Activity

American Express today released new research revealing that UK businesses are investing in modernising their payment systems to...

LiquidityBook Redefines Trading Technology Again with Release of LBX PMS 2.0; Accelerates Multi-Asset Capabilities via Acquisition of Messer FS

LiquidityBook, a leading provider of cloud-native buy- and sell-side trading solutions, announced today the general availability of LBX...

PayPal, Venmo Credit and Debit Cards Are Now Available to Add in Apple Wallet

PayPal Holdings Inc. announces that customers now will get the option to add their eligible PayPal and Venmo...