Bank frauds can take place anytime, anywhere. While banks want to gear up with the best possible
technology for fighting fraud, the role of the end-customer is highly undermined.
Clari5 sMitch is a customer-looped card fraud management solution that enables banks to combat fraud by empowering the end-customer. Clari5 sMitch comes in the form of a mobility solution that can easily be configured with the bank’s online/mobile banking system. The solution allows the end-customers to set their bank account rules based on their debit/credit card usage patterns and preferences across different banking channels. Clari5 sMitch thus dynamically protects the customer against frauds like skimming, account takeover & internal fraud by blocking the fraudster’s access to customer’s account via stolen card/credentials.