Fraud Prevention

Stay Ahead
of Hidden Threats

Take control of fraud at every stage. From the initial application through portfolio management, we enable a proactive, layered approach that safeguards your business and customers – without unnecessary friction.

Prevent Fraud Anytime, Anywhere

Directly interface with channels like POS, ATM, online and mobile to rapidly detect and prevent complex fraud schemes in real-time with Zoot.

Take Control

Build standardized, flexible & scalable processes that are easily updated to meet emerging fraud patterns, & prioritize the most critical instances of fraud with transparency & auditability.

Get a Comprehensive View

Track losses, recoveries and settlements throughout the entire customer lifecycle with interactive tools & on-demand, real time information.

Improve Customer Experiences

Deliver stronger protection while eliminating unneccessary friction with targeted alerts and fewer false positives.

Layer Strategies Across Stages

Add layers of verification throughout the customer journey, eliminating the opportunity for fraud to slip through the cracks.

Leverage AI-Powered Services

Through Zoot’s partner ecosystem, leverage machine learning and artificial intelligence to mitigate fraud risk.

Overview & Key Benefits

Fragmented systems and evolving tactics make fraud defense complex. You need a smarter way to mitigate risk across the customer lifecycle – minimizing losses, protecting trust, and reducing friction.

The right solution drives measurable impact, cutting costs and reputational risk while improving customer experience and enabling growth. From application fraud through portfolio management and analysis, we support every stage of the journey. With capabilities ranging from KYC to device authentication and advanced screenings, we’ll help you stay ahead.

Implement a Zoot solution with business rules, anomaly detection, predictive analytics, text mining, and social network analysis to uncover hidden risks, strengthen defenses, and stop fraud before it escalates.

Use Cases

Make precise and profitable decisions while helping your risk and compliance officers prioritize the most critical instances of fraud for your organization.

Fraud Prevention Features

Leveraging advanced decision management capabilities and best practices, our solutions provide your organization with the ability to confidently mitigate fraud risk and drive business growth.

Fully Customizable Platform

Tailor Zoot’s LOS to meet your specific business needs, ensuring a seamless and personalized experience for your customers.

90+ Data Providers

Combine your own data with powerful insights from our data partners to orchestrate the best combination for your decision process.

Instant Decisioning

Provide real-time loan decisions to applicants, enhancing the customer experience and reducing wait times, resulting in higher satisfaction rates.

Fraud Detection

Mitigate the risk of fraudulent activities with robust fraud detection mechanisms, protecting your business and customers from potential financial harm.

Customizable Decision Rules

Set your own decision rules to automate loan approvals based on your unique business requirements, reducing manual intervention and increasing efficiency.

ID Verification

Safeguard against identity fraud and ensure the authenticity of applicants by seamlessly integrating ID verification tools into the loan origination system.

“With WebRules® we can mitigate fraud faster. The fraudsters were always 1-step ahead of us. Without it we wouldn’t have a chance.

Vice President

Deposit Account Acquisition

Fraud Prevention Solutions

Explore how Zoot’s Fraud Prevention solutions can be integrated accross the customer, provider, or patient lifecycles.

Partners & Providers

Zoot’s partners and providers network offers clients access to an extensive global network of data and service providers, with pre-built connections to best-of-breed data sources. Our advanced capabilities enable swift integrations to new sources, providing seamless connectivity to advanced data, AI, and machine learning models. By leveraging this network, clients easily integrate high-quality data, make informed decisions, improve risk management, and drive business growth.

Frequently Asked Questions

What is the impact of Zoot's fraud solution on customer experience?

The impact of Zoot’s fraud solution on customer experience is aimed at finding a balance between fraud prevention and delivering a positive experience. By leveraging various technologies, Zoot’s solution streamlines decision-making processes, improves customer engagement, and offers a seamless experience while effectively managing fraud risks.

Does Zoot's fraud solution integrate with existing systems and processes?

Yes, Zoot’s fraud solution is designed to integrate with existing systems and processes. The platform provides flexibility, customization, and seamless integration, allowing clients to adapt rules, processes, and policies across the enterprise, leveraging existing investments and practices.

How does the solution adapt to evolving fraud threats?

Zoot’s fraud solution addresses evolving fraud threats by utilizing advanced technologies and techniques. Leveraging our WebRules® technology and data partner network, our approach includes business rules, anomaly detection, predictive analytics, text mining, and social network analysis to reveal hidden relationships and suspicious associations among customers, accounts, and other entities, ensuring continuous improvement and staying ahead of evolving fraud threats.

Fraud Prevention Solutions

Zoot’s Fraud Prevention solutions offer a range of capabilities that can be incorporated into various stages of the customer, provider, or patient lifecycles. By leveraging advanced technology and analytics, Zoot aims to detect and prevent fraud in real-time, minimize losses, and maximize customer trust.

Ready to Take the First Step?

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Fraud Resources