Computer Business Software
Description
Valire Software, based in California, New York, Florida, and Massachusetts, provides internal fraud detection software to businesses. Our intrusion prevention system is the world’s first cognitive fraud detection solution. Valire developed groundbreaking AI and machine learning technology that provides an automated and customizable platform to continuously monitor organizational IT systems and detect business transactions/events that correspond to high-risk fraud patterns. Our Cognitive Computing approach means that we embed human logic and decades of anti-fraud expertise into pre-configured algorithms. Valire actually mimics and anticipates what a fraudster thinks and does. Using a built-in dashboard, audit and compliance managers gain visibility and increased control. Implementation is a breeze typically taking 4-8 weeks. We provide a SaaS subscription model that is significantly cheaper than most of the other large cumbersome fraud detection systems that are out there. As a result of our IP, we are able to significantly reduce 'false positives’ and utilize a prebuilt ever-growing library of fraud scenarios which ensures that we catch any sort of internal fraud no matter how complex or elusive.
