Validating Quality of Fraud Management Solution
Yethi validates reliability of the Fraud Management Solution for a bank in India
An international subsidiaries of India’s leading multinational private bank, offering a wide range of financial solutions for personal, corporate, investment, commercial, treasury, and trade requirements.
With the evolving nature of fraud, the bank wanted to ensure the quality of their Enterprise Fraud Management (EMF) solution with end-to-end testing across all key processes and scenarios.
Yethi formulated a comprehensive test coverage plan, prepared test designs and executed the integrated test designs using Tenjin – Yethi’s robotic test engine, in order to verify the expected behaviour.
Yethi developed test designs covering risk-based transactions which trigger from integrated core banking,
internet banking, mobile banking, UPI, ATM, POS and e-commerce software having touch points with the Fraud Detection Engine.
Then, Yethi evaluated the EFM solution through Test Condition matrix which covered all the possible
scenarios originating from CASA, OD, Loans and FD accounts for new, existing and staff accounts across various channels like ATM/POS (both Domestic and international transactions), mobile, UPI and e-commerce transactions.
The following processes were evaluated.
List of Suspicious/Fraudulent Transactions
And following were evaluated as key elements
Core Banking Scenarios
Internet Banking Scenarios
Mobile Banking Scenarios
Debit Card Scenarios
Yethi validated the quality of the bank’s EFM solution while submitting detailed dashboards periodically on
the progress with the potential risk areas & recommendations, to various stakeholders.
Yethi was able to execute all activities efficiently owing to subject matter expertise, a library built of 100,000
domain-specific test cases and a robotic test-automation platform to run through Business Rule Engine,
providing accurate results.
Yethi is a leader in Quality Assurance solutions for the global banking and financial services industry. Founded
by Fintech professionals with decades of domain experience, Yethi is invested in building the next generation of solutions to improve the quality of digital technologies being adopted within the BFSI industry
Tenjin is Yethi’s scriptless test automation platform, a plug-and-play banking aware solution, with distinctive
features like robotic capabilities to learn the application and re-learn after any updates, so regardless the
complexity and number of updates, the test execution remains high-speed, minimizing manual effort.
To know more about how we can help you mitigate business risks associated with technology-enabled operations, reach out to us at firstname.lastname@example.org.