Overview

At Memento, we recognize the shortcomings of traditional approaches when meeting today’s significant and evolving fraud and compliance challenges. We designed Memento Security 4.0 — our next-generation enterprise fraud and compliance platform — to address the significant technological issues that kept traditional approaches from succeeding, and that resulted in high-cost, inefficient systems.

Memento Security enables you to stay one step ahead of fraudsters — and enables your bank or credit union to address the latest, most complex, and potentially damaging fraud and compliance schemes. And it meets the four key criteria you need in an effective fraud and compliance solution:

  • Flexibility and Agility — Memento Security provides exceptional flexibility and agility in addressing the evolving types of fraud and non-compliant behaviors.
  • Accuracy — Memento Security zeros in on real fraud, avoiding time-consuming and distracting false positives. And over time, it learns to become even more accurate.
  • Speed — Memento Security can be deployed in a proof of concept phase in a few short weeks. And full implementation is fast and effective, thanks to the speed inherent in our approach.
  • Controlled Costs — Memento Security provides an exceptionally low Total Cost of Ownership because it does not require high-cost data warehouses or relational databases, expensive customization, or other additional costs.