NetGuardians launches fraud prevention solution on Google Cloud

By Gloria Methri

NetGuardians has launched a new Software-as-a-Service (SaaS)-offering, delivering its AI-driven fraud prevention solutions on Google Cloud.

NetGuardians’ payment fraud prevention solution will now be available as a seamless and comprehensive SaaS offering on Google Cloud. The key advantages of this cloud-based approach include:

Seamless Application Management: NetGuardians takes charge of application management, alleviating the need for institutions to invest in additional IT overhead.

Total Cost of Ownership: Institutions can save on hardware and IT staff costs associated with deploying, operating, and upgrading the solution.

Rapid Time to Value: With cloud deployment, the business value of NetGuardians’ solutions can be realized more swiftly, enabling institutions to bolster their fraud prevention efforts without delay.

Optimized Performance: The specialized and dedicated team managing the cloud-based solution ensures consistent availability and performance over time, freeing institutions from operational worries.

Enhanced Security: Both NetGuardians and Google Cloud adhere to certified processes and employ cutting-edge tools to guarantee the security of sensitive data.

As the momentum of cloud adoption gains traction within the financial services sector, the company said it is the preferred partner for financial institutions navigating the landscape of evolving fraud threats.

“Our mission has always been to empower financial institutions to stay ahead of financial crime,” said Joël Winteregg, CEO and co-founder of NetGuardians. “With our SaaS offering on Google Cloud, we are not only providing a best-in-class fraud prevention solution but also ensuring that our clients can experience the advantages of a cloud-powered solution that is efficient, secure, and tailored to their needs.”

“Partners like NetGuardians use Google Cloud to provide customers with technology to accelerate digital transformation,” said Roi Tavor, Managing Director of Switzerland & Austria, Google Cloud. “We are pleased that NetGuardians has expanded its work with us to bring customers new capabilities that help them solve critical business challenges.”