Leeds-headquartered TruNarrative’s financial crime platform has added Bleckwen, the French fraud detection and prevention specialist, to the fold.
The deal will see TruNarrative integrate Bleckwen’s dynamic behavioural analytics service into its current solution. The artificial intelligence-powered tech is able to detect fraud across payment transactions and credit applications in real-time. It is also able to flag unusual online activity, providing actionable alerts.
“The partnership with Bleckwen demonstrates our commitment to including the latest services for detecting fraud and money laundering in the TruNarrative AppStore marketplace,” said Mike Harriss (pictured), head of channels and partnerships at TruNarrative. “Our service-agnostic approach means customers get complete choice over the insights used in their fraud and compliance strategies. There is no one-size-fits-all approach when it comes to financial crime protection, we allow for bespoke configuration.”
With the partnership, the two firms’ customers will reportedly have more control over their financial crime strategy when onboarding and monitoring customers and third parties.
Alexandre Alberdi, head of partnerships at Bleckwen said, “Partnerships are at the heart of our growth strategy. Bleckwen is always seeking to deliver best-in-class solutions to banks across Europe, the Middle East, Africa and the US, and in collaborating with TruNarrative, we are excited by the opportunity to deliver better fraud management and protection to clients.”
The news comes as TruNarrative expanded its financial crime and compliance management offering to North America with the opening of a new US headquarters in Atlanta.
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