Afterwards, Guardian Analytics demonstrated how FraudXCHANGE can help FIs detect fraud:
"FraudXCHANGE is Guardian Analytics' cross-institution fraud detection platform. Both a collaboration portal and a fraud detection engine, FraudXCHANGE provides FIs a way to take advantage of the fraud data, experiences, expertise, and ideas of hundreds of FIs and fraud prevention experts in our rapidly growing FraudMAP user community, partner community and industry association network."
Product Launched: November 2012
HQ Location: Mountain View, CA
Company Founded: March 2005
Metrics: Guardian Analytics has 50 employees and over 200 FIs. The company has experienced rapid growth (over 200% year over year growth in customers from 2010-2011) fueled by the acceleration in fraudulent attacks against FIs and recent regulatory guidance setting expectations that all FIs should have the ability to detect and respond to suspicious activity in any electronic banking channel.
Finovate demo video: finovate.com/fall12vid/ (demo video will be posted next week)
Introducing Terry Austin (President & CEO) and Luis Rojas (Director Product Management)