Memento, recently acquired by FIS, provides next-generation technology and solutions that enable financial institutions to rethink and improve the way they combat fraud and manage compliance. Memento customers realize unmatched business value and rapid ROI.

Technology

Technology

Memento recognizes the shortcomings of traditional approaches when meeting today’s significant and evolving fraud and compliance challenges. Memento's next-generation enterprise fraud and compliance platform was built to address the significant technological issues that keep traditional, legacy approaches from succeeding, and that result in high-cost, inefficient systems.

The Memento Enterprise Fraud Management Platform enables banks and credit unions to stay one step ahead of fraudsters — and enables them to address the latest, most complex, and potentially damaging fraud and compliance schemes. Distinguishing features include:

  • Enterprise Platform — A single foundation for fraud and compliance management. Designed to solve the most challenging and costly threats, and extensible to meet those of tomorrow.
  • Advanced Analytics — Bayesian networks, learning models, behavior profiling and other proven methods to detect known and unknown fraud. 
  • Forensic Research — Instant access to the data necessary to fully research an event, without IT involvement.
  • Alert Management — Cross-channel alert aggregation and applications designed specifically for fast, accurate resolution.
  • Case Management — Collaborative workflow, robust forms and customizable dashboards and reports ensure proactive action to identified fraud and compliance trends.  

Memento Platform

The only open, standards based Enterprise Fraud Management platform. Memento takes a very different and more effective approach to the key challenge of data management and fraud prevention.

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Bayseian networks and statistical learning models accurately predict, and prevent, fraud.

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Empower the front lines of fraud detection with instant access to the data necessary to fully research and understand a financial crime event.

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React faster and more completely to the warning signs of financial crime by managing alerts and cases at the account and customer levels.

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Stay One Step Ahead of Fraud

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Learn more about Memento and our next generation approach to fraud management.

Download the Solution Overview