Case Study: Fintrax Group achieves daily fraud monitoring, independent data assurance and reduced labour costs with ACL Data Analysis for Teams

Fintrax Implements Fraud Monitoring and Independent Data Assurance with ACL Technology

Fintrax Group, a financial services company offering multicurrency payments, credit card processing and VAT refunds across 18 countries, struggled with cumbersome manual investigations, limited fraud monitoring and inefficient reconciliation across disparate regional systems. These issues caused delays, higher processing costs and left management without independent, timely assurance over DCC and refund transactions.

To address this, Fintrax deployed ACL Data Analysis for Teams to automate reconciliations and introduce daily fraud monitoring and audit reporting. The solution reduced DCC reconciliations from 4–5 hours to about 1 hour, saved roughly 3–4 hours per refund invoice, cut labour costs, enabled staff redeployment, provided independent assurance with real‑time exception reports, and strengthened internal controls and decision‑making.

Fintrax Group

Paul O’sullivan

Internal Auditor