Rabobank advances fraud prevention with Inform RiskShield

Rabobank has expanded its long-term partnership with software provider Inform to integrate the RiskShield platform into its lending and payment operations. For retailers, this represents the next generation of automated credit decisioning and security. The system uses hybrid Artificial Intelligence to spot fraudulent loan applications and payment anomalies in milliseconds. By combining traditional logic with advanced machine learning, the platform helps reduce 'false positives'—those frustrating moments when a legitimate customer is declined because the system thinks they are a risk. For business owners, the implementation of this technology by major lenders means smoother transaction flows and higher approval rates for honest customers. As fraud becomes more sophisticated, especially in digital financing and BNPL, lenders are investing heavily in backend tech to ensure that security doesn't come at the cost of the customer experience. This update specifically focuses on real-time monitoring across multiple banking channels, which helps prevent identity theft and account takeovers before a purchase is even finalized. While this is a backend banking move, the ripple effect for merchants is a more stable, secure financing environment that protects both the store's revenue and the customer's identity.

Source: Finextra — Lending

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