INETCO

Burnaby, Canada
1984
May 19, 2022   |  By Chris Best
Trusted vendor to financial institutions expanding fraud detection, cybersecurity and compliance platform to digital currencies space as FIs look to protect customer holdings
May 3, 2022   |  By Vlada Terenina
More and more, consumers globally are ditching cash and adopting digital payments. They expect a seamless customer experience and faster transactions. This can cause financial institutions and businesses to face new challenges in payment monitoring. According to a report from the U.S. Public Interest Research Group, in the last few years, consumer complaints about mobile payment apps and digital wallets have skyrocketed.
Mar 30, 2022   |  By Stephen Lazenby
This blog is a part of our new series 5 Strategies for Building Resilience to Financial Crimes and Cyber Attacks in 2022. In the last few years, we have all observed an increase in the sophistication of cyber-enabled attacks and financial crimes. This coincided with intensified focus on digital banking by financial institutions and increased volumes of online transactions.
Mar 9, 2022   |  By Chris Best
The Russian invasion of Ukraine has triggered an escalation in the number of state-sponsored actors targeting critical infrastructure with DDoS attacks. Criminal syndicates and smaller players are also exploiting the crisis. From fake fundraising efforts for Ukraine to account takeovers and high-velocity bot-driven attacks such as DDoS, BIN attacks, and terminal attacks, cybercriminals are stepping up their own attacks in an effort to benefit from the turmoil.
Mar 4, 2022   |  By Vlada Terenina
If a couple of years ago Distributed Denial of Service attacks (DDoS) were just a nuisance for businesses, today they constitute serious, costly cybercrime. Equally, if not more alarming, is the use of cybercriminals as surrogates in state-to-state political conflicts. The tools for launching these attacks are easily available online. They are so simple and cheap to use that even amateur citizen fraudsters and kids can commit a financial crime.
Feb 24, 2022   |  By Chris Best
INETCO® Systems Limited, a global leader in real-time payment fraud prevention, is pleased to announce that TPS, a leading provider of cards and payment solutions, has joined the INETCO ecosystem as a reseller. TPS powers digital payments for various commercial and central banks, telecoms, processors and financial institutions across the Middle East, South Asia, Africa and Europe.
Feb 4, 2022   |  By Vlada Terenina
Over the past two years that we have lived with the pandemic, the world has changed dramatically. Those changes provided financial criminals with great opportunities to take advantage of many businesses when they were at their most vulnerable, trying to adjust to a new reality. Remote working environments, the ongoing digitization of services, COVID-19 restrictions – all have contributed to the development of new cyber threats and techniques.
Jan 12, 2022   |  By Stephen Lazenby
The idea of converging cyber intelligence, AML, and fraud prevention activities to eliminate the gaps between these silos of financial crime risk management has been discussed for years. However, recent developments in global real-time payments, open banking, and booming digital transactions have escalated the need for this convergence. In this era of instant payments and CNP transactions, traditional siloed approaches to financial crime prevention are loosing their effectiveness.
Oct 29, 2021   |  By Vlada Terenina
It’s a sure sign that year-end is fast approaching when stores start to display their holiday merchandise and decorations before Hallowe’en is even over. As you start planning for a successful 2022, and focus on payment security and frictionless customer experience, consider the global financial, regulatory and economic factors that will impact your business.
Oct 6, 2021   |  By Vlada Terenina
These days, when I cautiously venture to my favourite shopping mall on a weekend, I notice how different it is from a year-and-a-half ago, when no one had ever heard of COVID-19. It is busy, but not nearly as busy as it was back then. Sadly, I can rarely find my shoe size as merchandise stocks are low due to COVID-related supply chain issues.
Nov 5, 2020   |  By INETCO
Interested in exploring how Mexico’s largest electronic payments processor consistently secures the end-to-end customer experience while processing more than 13 million credit and debit card transactions each day? We invite you to join Ander Murillo Zohn, Deputy Director of Big Data Technologies at E-Global, and Stacy Gorkoff, VP of Marketing and Channel Development at INETCO, for a 45-minute webinar as they discuss the secret to using real-time data to achieve the best customer experience possible.
Sep 15, 2020   |  By INETCO
Is your ability to detect fraud lagging behind the fraudsters? Thinking real-time is essential to decreasing financial loss, reputational harm and customer friction. In this session, explore new tactics to detect and block suspicious transaction activity in milliseconds.
Aug 28, 2020   |  By INETCO
Is your ability to harness massive volumes of payment transaction intelligence over multiple card rails, customer facing channels, and disparate data stores a challenge? INETCO Insight accelerates digital transformation with a real-time, 360-degree view of all card usage, channel performance and customer behavior to help identify new ways to acquire customers, deliver more value to existing ones, and enhance profitability through faster reporting, better device placement and targeted service offerings.
Dec 10, 2019   |  By INETCO
On September 17th, 2019, INETCO Insight 7 was officially launched. Featuring a fraud configuration primed for payment environments, INETCO Insight 7 combines customer transaction data acquisition, configurable rules-based alerting and adaptive machine learning capabilities.
Apr 4, 2019   |  By INETCO
Banks that own the transaction layer have an awesome analytics advantage. Capturing a broad spectrum of consumer activity means you can answer key business questions.
Oct 18, 2018   |  By INETCO
Join INETCO's Stacy Gorkoff, VP of Marketing and Channel Development as she discusses how to Spice Up Your Omni-channel Strategy with Real-time Data!
Oct 18, 2018   |  By INETCO
Join us for this week's Transaction Tuesdays video on operational awareness. With host Marc Borbas, VP or Global Sales at INETCO, learn how real-time data helps banks and FI's run better and avoid costly "glitches".
Oct 18, 2018   |  By INETCO
Don't miss this week's topic... it's a juicy one! Join INETCO's Ugan Naidoo, VP of Engineering and Services, as he discusses how real-time data helps banks and FI's with early warning fraud detection.
Oct 18, 2018   |  By INETCO
Join us today as we taco 'bout how real-time data can help banks and FIs reduce operational costs while delivering an enhanced customer experience at both ATMs and in-person branches.
Feb 14, 2020   |  By INETCO
With The Nilson Report projecting $34.66 billion in global fraud losses by 2022, it is clear that crime syndicates are investing heavily in finding new and more advanced ways of countering the controls organizations are constantly implementing. Financial institutions, retailers, card service providers and acquiring processors are struggling to detect suspicious payment transaction behavior and prevent payment fraud attacks before experiencing major financial loss and customer dissatisfaction.
Feb 14, 2020   |  By INETCO
This whitepaper discusses the INETCO Insight transaction data platform. It reveals how the software's unique data streaming, decoding, semantic correlation and statistical analysis engines can be rapidly configured to monitor any application type - custom, packaged, or industry-specific. INETCO Insight produces a single rich transaction record for every transaction, containing business, application, infrastructure, and network performance information that can be sliced and diced instantly to serve the diverse needs of different members of the IT and business teams.
Feb 1, 2020   |  By INETCO
While the ATM channel remains a strategic part of a healthy omni-channel banking ecosystem, it is continuously under critical analysis within many financial institutions. The big challenge lies in maintaining ATM fleets as a profitable delivery channel.
Feb 1, 2020   |  By INETCO
Despite several recent high-profile attacks, ATM cash-out schemes that involve multiple attack vectors over a very large attack surface continue to happen. While traditional fraud system management tools will provide one layer of defense against cash-out attacks, common single point monitoring solutions still run a risk of being compromised.
Jan 1, 2020   |  By INETCO
Real-time transaction data has become a fundamental part of managing self-service channels and guaranteeing every interaction completes the way the customer expects. This is why banks, retailers and payment processors all over the globe are investing in powerful end-to-end data acquisition, real-time alerting and open data streaming capabilities.

INETCO® builds smart technology that makes real-time transaction data workable for customer journey insights, early warning fraud detection and operational performance - across all banking, retail and payment processing environments. Our real-time data platform thrives in self-service and omni-channel ecosystems where timely data collection, organization and visualization is challenging.

Our Products and Services:

  • INETCO Insight® Real-time Transaction Data Platform: Specifically designed for the banking and payments industries, INETCO Insight® provides a real-time, end-to-end view into the performance of every customer transaction. Rich transaction data is captured from the network, with the option to forward decoded message fields to any application of choice. With the power to harness continuous transaction data streams, INETCO Insight customers gain a whole new level of agile performance monitoring and trusted data visualization that results in improved customer experiences, risk mitigation, channel revenue uplift and reduced operational costs.
  • INETCO Analytics® On-demand Data Visualization and Analysis Software: INETCO Analytics® is an application that utilizes real-time transaction data, machine learning and predictive algorithms for analyzing customer engagement and channel profitability. It equips channel managers and data analysts with the intelligence and visual insights they need to better serve existing customers, acquire new ones, and enhance profitability through improved self-service device placement and catered service offerings.

INETCO’s growing Fortune 500 world-class customer base includes over 50 global companies that span thebanking, ATM, retail and payment processing industries.