Prevent financial crime in real time

Your fraud, risk and compliance teams adapt their controls to new threats themselves, and detect fraud faster and more accurately, without waiting for a vendor to change the system.

Talk to a fraud prevention expert Meet Legatus

What you get

One defence across payments, channels and compliance

Real-time payment fraud prevention
Every transaction is scored before it completes, so a suspicious payment can be stopped instead of investigated afterwards.
Transaction monitoring and compliance
One place for the controls your compliance team needs, with the regulatory reporting that goes with them.
AI and machine-learning models
Models built on your own data catch new fraud patterns and cut the false alerts that take up your analysts’ time.
Protection across digital channels
Device intelligence helps you recognise malicious users in web and mobile channels before they transact.

How it works

Every payment is checked while it is still in flight

1Payment channelsA payment starts
- Cards
- Online and mobile banking
- Instant payments
2Legatus BridgeIt is passed for scoring
- Message formats are normalised
- Data from other systems is added
3Legatus Core · Legatus WatchTowerIt is scored in milliseconds
- Rules and customer profiles
- Machine-learning models
- Device and session signals
4DecisionIt is decided before it completes
- Approve
- Block
- Send to an analyst

What analysts confirm in their cases goes back into the rules and models, so the next decision is better.

Our platform

Legatus

An omnichannel platform for real-time financial crime prevention, built for banks, switch operators and regulated financial infrastructures.

Legatus is developed by IBS and powered by IBM Safer Payments. It brings enterprise fraud management and device intelligence together in one modular platform, so you can start with what you need and add modules later.

Visit legatus.tech ↗

Services

A team that stays after go-live

Analyse, design and implement
We adapt the solution to your payment flows and take it to go-live with you.
- Solution design workshop and review of your fraud prevention objectives
- Functional requirements and solution architecture
- Environments configured for high availability and performance
- Real-time and batch integration
- A day-one model based on known fraud patterns
- Hands-on training for your team
- Support through user acceptance testing and go-live
Fraud analysis and investigation
Advisory and methodology from people who have worked with fraud in the finance industry.
- Knowledge of fraud patterns and counter-fraud measures in practice
- Understanding of financial data and message flows
- Integration of different transaction systems and message formats
- Data transformation and data modelling
Managed services
Strong protection with few false positives, kept that way as fraud changes.
- Periodic performance audits of rule sets and models
- Help with creating and evaluating complex rules and models
- Data science services for fraud prevention
- Ongoing expert guidance for your analysts and investigators
- Performance tuning for minimum latency and maximum throughput