Market Overview

Leading tech companies Synectics Solutions and Netwatch join forces to improve the use of social media to fight fraud

Share:

STOKE-ON-TRENT, United Kingdom, Nov. 6, 2020 /PRNewswire-PRWeb/ -- Two leading UK-based technology companies, who specialise in fraud prevention and social media analysis, today announced a strategic partnership that will see the integration of NetWatch Global's world-leading social media analysis tool (Profile Finder+) into Synectics Solutions' leading fraud prevention system, SIRA.

Providing rapid and verified access to social media profiles, this collaboration will break new ground in the fraud and financial crime investigation process and add an entirely new dynamic for users of the SIRA fraud prevention solution.
Profile Finder+ is one of the world's leading social media analysis tools and allows users to quickly and accurately locate all the social media profiles of individuals online using email address and mobile number.

Integrating the Profile Finder+ functionality into the investigation journey of the SIRA interface will allow fraud investigators to radically reduce the time it takes for them to identify the correct social media footprint of their investigation subjects - as well as helping them to increase the speed and accuracy of the decisions they make when assessing fraud.    

David Purcell, Chief Operating Officer at NetWatch Global, commented,
"As the UK's leading Open Source and Social Media investigations firm we have built a reputation as the 'go-to' organisation for locating social media accounts. Our Profile Finder+ tool was developed to revolutionise the way other organisations can locate social media accounts as quickly, accurately and effectively as possible. We are truly excited to work alongside Synectics and to deliver this solution into SIRA and we believe it will give fraud managers, investigators and analysts access to a plethora of additional information that can be used in their active investigations, for ID validation and to manage fraud referrals"

Russell Mackintosh, Synectics Solutions Head of Partnerships, also commented;
"I'm delighted that we've partnered with NetWatch Global to enable our SIRA users to improve the way that they can leverage the intelligence that social media data provides in a much more efficient and accurate way to help them defend against fraud". "I'm certain that the Profile Finder+ service will be something that those responsible for fraud prevention will want to engage with this new initiative to help them dramatically improve their operations."

Ends.

Contact Information
Synectics Solutions contact
Russell Mackintosh, Head of Partnerships
russell.mackintosh@synectics-solutions.com

To contact Synectics Solutions directly call 0333 234 3419 or email marketing@synectics-solutions.com
http://www.synectics-solutions.com

NetWatch Global contact
Tristan Prince, Group Chief Commercial Officer
tprince@netwatchglobal.com
Web: http://www.netwatchglobal.com/

About Synectics Solutions
Synectics Solutions has been working with global financial institutions and data analysis organisations for over 27 years and is a recognised leader in the provision of fraud and financial crime risk analysis.
The solutions it provides are currently deployed across 16 countries around the world and are in operation 24/7 helping to protect the customers of many leading financial brands – and enabling them to make better decisions on financial risk.
Synectics Solutions has become widely known for its expertise in hosting and managing collaborative data solutions that are used in the critical infrastructure of multiple financial organisations and government departments.
This includes the National SIRA and National Fraud initiative services which have helped to provide around £4.8 Billion in savings for those who use these key services.
The company is fully ISO27001 certified, is a UK Government Specified Anti-Fraud Organisation, and has the infrastructure, expertise and experience required to carry out the many business-critical data solutions for the world's most regulated organisations that it has become renowned for.
About NetWatch Global
NetWatch Global are the UK's largest and most respected open-source investigation company. They specialise in providing powerful and actionable intelligence, which their clients either use to make effective risk and fraud-based decisions or to rely on as evidence in court. NetWatch Global assist their clients in a range of areas from identifying and tracing new witnesses that the police were unaware of, to proving the true scale of a claimant's injuries for their insurance clients and even cracking large counterfeiting networks for their FMCG (Fast-moving consumer goods) partners.
Netwatch Global is an expert in online investigation and social media intelligence. Their unique methods of interrogating social media utilising in-house software mean that they can provide clients with extensive high-quality intelligence, in a cost-effective manner within days or even hours.
Since inception Netwatch Global has developed best practise methods of researching and interrogating social media. This gives their clients the confidence that any information provided has been located lawfully and can be relied on as evidence.

 

SOURCE Synectics Solutions

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com