SOURCE: INFORM GmbH

INFORM GmbH - RiskShield

July 15, 2014 06:00 ET

Rabobank Extends Agreement With INFORM for World-Wide Fraud Prevention and Risk Management Solution

AACHEN, GERMANY--(Marketwired - July 15, 2014) - INFORM, the leading fraud prevention and risk management software provider, announces Rabobank Group, one of the world's leading financial institutions has signed a full site RiskShield license to conduct transaction monitoring and fraud prevention across its business units and international network.

RiskShield offers Rabobank an adaptable, intuitive and visual interface to develop, maintain, and analyze fraudulent activity. New anti-fraud or AML scenarios can be run easily by the user without the need of an INFORM specialist or IT expert. Fraud investigators can run it on their own and fine-tune the results to achieve the best possible outcome. Rabobank is already using RiskShield to detect and prevent fraudulent transactions in many areas, such as Internet banking, domestic and international payment transfers, card and ATM transactions as well as for payment integrity monitoring and PEP identification and sanction screening.

"We are very pleased with RiskShield's fraud prevention technology and INFORM's capability to deliver excellent service" says Wibout de Klijne, Head of Financial Economic Crime at Rabobank Group. "INFORM's transaction monitoring capabilities have truly impressed us especially its flexibility, performance and ability to quickly respond to the constantly changing modus operandi of the cybercriminal."

"This new agreement is testament to the strength of our risk management and compliance technology across multiple business areas. Our aim is to continually improve cybercrime protection, risk management and compliance capabilities," added Wibout de Klijne.

"Our long term relationship with Rabobank is of great significance and pride to INFORM and demonstrates our ongoing motivation to excel in helping our customers combat fraud," says Andreas Meyer, Director Risk & Fraud Division at INFORM. "Rabobank's expanded commitment to INFORM is a strong validation of our software and our unlimited licensing contract further demonstrates our valued partnership."

To read a full case study on how Rabobank is using RiskShield as a flexible multi-purpose multi-channel monitoring solution please contact us at riskshield@inform-software.com or call us at +49 (0) 2408/9456 – 5000.

About Rabobank Group

Rabobank Group is a Netherlands based, international financial services provider operating on the basis of cooperative principles with a predominant focus on providing all finance services in the domestic market. Internationally the Group's focus is on food and agriculture. In line with its cooperative roots, Rabobank Group is a cooperative bank, comprised of independent local Rabobanks, plus their central organization Rabobank Nederland and its (international) subsidiaries. The organization has approximately 56,900 employees (fte) worldwide and operates in 41 countries.

Rabobank Group has high credit ratings, awarded by international rating agencies Standard & Poor's, Moody's, Fitch and DBRS. In terms of Tier I capital, the organization is among the top 30 largest financial institutions in the world. Internationally, the Rabobank Group operates specialized entities including De Lage Landen (leasing and vendor financing) and Rabo Real Estate Group (real estate management). For more information about the Rabobank Group go to www.rabobank.com.

About INFORM GmbH

INFORM develops and markets software systems to optimize business processes on the basis of operations research and fuzzy logic. Using these two technologies, INFORM is able to develop software systems that "think" and can make intelligent decisions. The benefits for users are better on-time delivery performance, lower costs and significant competitive advantage.

More than 1000 companies worldwide benefit from advanced optimization software systems by INFORM in industries such as transport logistics, airport resource management, production planning, payment & card fraud management and insurance claim optimization. INFORM employs over 500 staff from more than 30 countries.

www.riskshield.com

Contact Information