DataVisor is the leading fraud and financial detection platform powered by transformational Artificial Intelligence (AI) technology. Using proprietary unsupervised machine learning algorithms, DataVisor restores trust in digital commerce by enabling organisations to proactively detect and act on fast-evolving fraud patterns and criminal activity, preventing future attacks before they happen.
Combining advanced analytics and an intelligence network of more than 4.5 Billion global user accounts, DataVisor protects against financial and reputational damage across a variety of industries, including financial services, marketplaces, e-commerce, and social platforms.
DataVisor delivers the world’s most sophisticated AI-powered solutions to keep companies and their customers safe. Our solutions combine breakthrough AI with seamless workflows to enable fraud and data science teams to proactively defeat emerging fraud with speed and agility and track suspicious activity in real-time.
The DataVisor approach draws on the power of proprietary Unsupervised Machine Learning (UML) algorithms to detect known and unknown malicious behaviour with pinpoint accuracy—all without the need for lengthy training times, large datasets, or frequent tuning.
DataVisor works with many large organisations who are completely rethinking how they approach fraud prevention and financial crime detection and reporting.
Today’s business climate is necessitating a more integrated platform that may include numerous detection technologies working in concert. There are often dozens of signals coming from device intelligence solutions, rules and transaction monitoring, machine learning models, inputs from third-party sources and feedback from prior historical cases and investigations. DataVisor’s cloud-developed platform supports this business-forward approach to managing risk.
At Ovations, “Fighting Financial Crimes is one of our core service offerings, and as we are always looking for partnerships to augment our capabilities. It was evident, from our initial engagement with DataVisor, that a partnership would present Ovations with a unique opportunity. Not only have DataVisor demonstrated deep Fraud domain knowledge, they also provide an entity centric risk-led approach across the customer life cycle. With this partnership, and through DataVisor’s Next Generation Fraud, AML and Risk platform build in cloud, we believe that we’ll be able to make a positive impact in Fighting Financial Crimes, says Jaco van der Merwe, Capability Architect at Ovations.
Ovations brings together people and technology to best use our skills and knowledge gained through multiple client engagements to support you in your fight against financial crimes. We cover key areas such as, Know-Your-Customer (KYC), Anti-Money Laundering (AML), and Enhanced Due Diligence (EDD) – all of which ensure insightful, efficient and effective risk decisions about your clients and counterparties.
We also apply our knowledge and experience gained through multiple solution implementations throughout Africa and partner with internationally recognised enterprise solution providers, leveraging their experience to provide our clients with the best solution in their fight against financial crimes.
“The world changed and continues to change. Today, it’s not enough that we protect against the known bad actors and established risks. We now have to be more proactive and more predictive looking for ways to protect against the unknown. Business is more at risk than ever and platforms like DataVisor when complemented by the experience and intellection property developed by Ovations are fundamental capabilities today” says Tom Shell, Head of Alliances at DataVisor.
“Ovations Group is immensely proud to partner with DataVisor. DataVisor has an enviable track record of creating benefits for global clients, including regulatory control and financial return benefits which we believe, will add great value to South African and African institutions. Ovations Group has a successful track record of delivering value to financial institutions through quality outcomes. We believe that our partnership with DataVisor together with our focus on excellence and quality will be a successful recipe for delivering value to our clients.” says Sean Katzen, CEO of Ovations.