Fraud Detection & Transaction Monitoring for Banking
Real-time fraud detection built into the core — configurable velocity and behaviour rules, transaction holds, and a tamper-evident audit trail, protecting balances and customers.
The problem
- Fraud rules that live outside the ledger react too late, after money has moved.
- Static, one-size rules generate noise and miss real threats.
- Investigations need full customer and ledger context in one place.
What Sika gives you
Real-time rules
Velocity, amount, and behaviour rules evaluate transactions as they happen.
Holds & releases
Suspicious transactions can be held pending review, with maker-checker release.
Configurable per tenant
Each institution tunes its own rules and thresholds.
Case review
Alerts route to analysts with full customer and transaction context.
Immutable audit
Every alert, hold, and release is logged for examiners.
Ledger-native
Detection runs on the same conserving ledger money moves through.
Launch your institution on Sika
From application to a live, compliant bank in weeks, not years.
How it works
Four steps, all on a single audited core banking ledger.
- 1
Evaluate
Each transaction is scored against velocity and behaviour rules in real time.
- 2
Hold
High-risk transactions are held pending review rather than settled blindly.
- 3
Review
An analyst investigates with full context; a second reviewer approves the release or block.
- 4
Learn
Outcomes tune the rules; every action is logged immutably.
Fraud Detection: FAQ
What is fraud detection in banking software?
Fraud detection monitors transactions for suspicious patterns using velocity and behaviour rules, can hold risky transactions for review, and records an audit trail. Sika runs this on the same double-entry ledger money moves through, so detection has full context.
Can Sika hold a suspicious transaction?
Yes. Risky transactions can be held pending review and released or blocked under maker-checker control, with every action logged.
Are fraud rules configurable per institution?
Yes — each tenant tunes its own velocity and behaviour thresholds; the rules are stored per-tenant so one institution’s settings never affect another’s.
Launch your institution on Sika
From application to a live, compliant bank in weeks, not years.