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What is eLoomina?

eLoomina's primary objective is to provide large corporations with early insights that can help reduce employee misconduct and manage internal risks effectively. This sophisticated tool is designed to analyze employee behavior, aiming to detect potential misconduct as early as possible. Research indicates that internal fraud can drain up to 5% of a company's annual revenue, with an average loss of around $130,000 per incident. Alarmingly, 22% of these fraud cases lead to losses that surpass $1 million, with such schemes typically persisting for approximately 16 months. It is crucial to highlight that 85% of these incidents displayed behavioral warning signs, yet most remain unnoticed or are discovered too late. Reporting statistics show that 40% of fraud cases are uncovered through tips, 15% via internal audits, and 13% through management reviews, while only 3% are detected through technological solutions, underscoring the urgent need for a more proactive stance on corporate risk management. By adopting eLoomina, organizations not only protect their financial assets but also promote a workplace culture that values transparency and accountability, ultimately leading to a more ethical environment. Investing in such tools can create long-lasting benefits for both employees and employers alike.

What is FICO Application Fraud Manager?

Preventing fraudulent activities from the very beginning is crucial. The FICO® Application Fraud Manager is designed to effectively tackle identity-based fraud at its source by precisely detecting both first-party and third-party application fraud, all while ensuring an exceptional customer experience. This innovative solution seamlessly integrates with current origination systems, enabling real-time assessments of fraud that are powered by sophisticated machine learning analytics. By merging analytics, data orchestration, case management, and detection strategies, it significantly boosts the ability to recognize and address fraudulent behaviors. It evaluates a wide range of behavioral characteristics to detect unusual patterns that may indicate fraud, thereby enhancing the decision-making process by incorporating insights from both internal and external data sources. With ready-made compatibility with platforms like FICO Origination Manager, organizations can swiftly deploy the solution to optimize their application processes, leading to increased efficiency and stronger security protocols. This all-encompassing method equips businesses with the tools they need to stay ahead of fraud perpetrators while ensuring that customers continue to enjoy a positive experience. Ultimately, it fosters a proactive stance against fraud in an ever-evolving landscape.

Media

Media

Integrations Supported

LTi ASPIRE

Integrations Supported

LTi ASPIRE

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

eLoomina

Company Location

Israel

Company Website

www.eloomina.com

Company Facts

Organization Name

FICO

Date Founded

1984

Company Location

United States

Company Website

www.fico.com/en/products/fico-application-fraud-manager

Categories and Features

Employee Monitoring

Activity Monitoring
Browsing History
Email Monitoring
Keystroke Recording
Productivity Analysis
Remote Control
Screen Activity Recording
Time & Attendance
Time Tracking

Categories and Features

AML

Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List

Fraud Detection

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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