NetMap Description
To identify insurance fraud, uncover the hidden connections and relationships among claimants, providers, businesses. The SIU's ability detect fraud rings in their company's claims is greatly enhanced by NetMap's advanced analytics. The software quickly analyzes claim information, public records and other data to identify patterns that could be indicative of fraud. SIU analysts can quickly identify patterns of fraud using powerful analytics and data visualization technology. NetMap reduces the time it takes to analyze complex patterns of fraud and makes it easier for investigators to quickly identify them.
NetMap Alternatives
Pasabi
Pasabi is a fraud prevention platform powered by AI that helps online marketplaces and platforms detect and combat new online threats. Pasabi uses artificial intelligence and behavioral analysis to continuously monitor user behavior in order to identify patterns that indicate fraudulent activities such as fake reviews, fake accounts, counterfeit goods, or scams. The platform provides flexible product options that are suitable for all businesses, from startups to large global enterprises. Pasabi's platform technology provides the necessary information for platforms to take action against bad actor, protecting users and maintaining their reputation. Pasabi also offers a Partner Program that collaborates with partners to deliver integrated safety and trust solutions that improve defenses against online scams. Pasabi provides continuous platform monitoring to identify patterns as they emerge.
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WizRule
WizRule, data auditor, automatically detects patterns in the data and flags cases that deviate from these patterns as possible frauds or errors. Any case that is suspected to be fraud or error is one that departs from the established patterns. WizRule can be used by auditors and fraud examiners as well as forensic investigators and data-quality managers. Their main task is to uncover fraudulent cases and data errors. WizRule is able to assist with this task. WizRule, a data-auditing software based on data mining technology, is available. It analyzes the data and identifies inconsistencies. WizRule works automatically. The user simply selects the data, and WizRule will analyze it. WizRule examines all relationships between the values in the different fields and reports on unusual and unlikely cases. WizRule identifies fraudulent cases that are not visible with standard auditing tools.
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Rippleshot
Rippleshot, a fraud prevention and detection company, uses artificial intelligence and machine-learning to help financial institutions identify and mitigate card fraud. Sonar, their flagship product, analyzes millions card transactions every day to detect compromised merchants, at-risk cards and enables timely and accurate responses. Rippleshot also offers an AI-driven product that guides financial institutions to create precise fraud prevention rules, without the need for extensive IT resource. These solutions can help banks and credit unions reduce fraud losses, reduce unnecessary card issuance and improve overall cardholder satisfaction. Rippleshot, a cloud-based solution that uses machine learning and data analysis to detect fraud more quickly, is revolutionizing the way banks and credit unions detect it.
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Socure
Socure is trusted by over a thousand of companies to provide customer trust and facilitate rapid acquisition growth across all channels. Socure has 1000+ customers, including financial service and fintech leaders. We're expanding rapidly across adjacent verticals including telcos, payroll providers, crypto, government & public sector and healthcare, online gaming and cable, as well as insurance. Socure provides automated machine-learning identity fraud risk management. It also supports data-centric Know Your Customer and Global Watchlist PEP compliance tools for CIP and AML compliance. All returned with reason codes for decision transparency. DevHub allows developers to quickly integrate and build identity verification apps on the Socure ID+ Platform.
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Integrations
No Integrations at this time
Company Details
Company:
Verisk Analytics
Year Founded:
1971
Headquarters:
United States
Website:
www.verisk.com/insurance/products/netmap-analytics/
Media
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Product Details
Platforms
SaaS
Windows
Type of Training
In Person
Customer Support
24/7 Live Support
NetMap Features and Options
Fraud Detection Software
Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval
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