Case Study: Ailos eliminates TED transfer fraud loss with Oracle Financial Crime and Compliance Management

Ailos eliminates electronic transfer fraud loss with Oracle

Ailos, a Brazilian credit cooperative serving more than a million members, needed to strengthen its fraud and financial crime defenses as risk and incidents increased, especially in its TED transfer environment. Nearly 70% of its fraud losses were tied to TED transfers, so Ailos turned to Oracle and its Financial Crime and Compliance Management solution to support compliance and growth.

Oracle implemented an end-to-end financial crime platform for Ailos, including Financial Crime and Compliance Management, Behavior Detection, Enterprise Fraud Management, Enterprise Case Management, and analytics. As a result, Ailos eliminated all fraud losses associated with TED transfers, improved case management efficiency through automation, reduced false positives and research time, and lowered overall risk.

Ailos

Maicon Gassen

Corporate Security Coordinator