Customer Engagement

Help Desk

Web and Video Conferencing

Customer Support

Attendance Tracking

Online Proctoring Software

Education

Association Management

Business Intelligence (BI)

Collaboration

Contract Analysis

Document Generation

File Sync

Enterprise

Accounting

CTRM

Cryptocurrency Mining

Financial Research

SaaS Spend Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Corporate Volunteering

HR Compliance

HR Management

Payroll

Recruitment Agency

Succession Planning

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

API Design

Cloud Data Warehouse

Cloud Storage

Container Management

DevOps

Fraud Detection

Hadoop-Related

IT Alert Management

Incident Response

Integrated Development Environment (IDE)

Integration Platform as a Service (iPaaS)

Mobile Data Security

Network Access Control (NAC)

Network Performance Monitoring

Phishing Detection and Response

Relational Database Management Systems

Requirements Management

Tower Servers

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Conversion Rate Optimization

Customer Loyalty Program

Digital Experience Platforms (DXP)

Email Marketing

Location Intelligence

Marketing Automation

Personalization Engines

Product Management

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

AI Meeting Assistants

Email Signature

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales

Automotive

Geographic Information

Hotel Management

Insurance Claims Management

Law Practice Management

Mental Health

Multiple Listing Service (MLS)

Pharmacy

Telemedicine

Vertical-Specific

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Unit21 is a versatile software that has proven to be immensely helpful for businesses in overcoming various challenges related to data security, productivity, and compliance. With its high visibility for data monitoring, users have been able to easily detect anomalies and potential risks, allowing them to secure their data effectively. The platform's automated process for reducing false positives has significantly improved productivity, making data monitoring more efficient. 

Another key use case where Unit21 excels is transaction monitoring. By leveraging this software, businesses have successfully detected and prevented fraud, money laundering, and structuring. Users appreciate the flexibility of constantly fine-tuning rules within the system, enabling them to adapt to changing risks and improve the accuracy of their monitoring capabilities.

In addition, Unit21 offers customized investigation workflows and actions, streamlining risk and compliance operations for businesses. The intuitive and user-friendly platform facilitates investigations and the understanding of anomalies within transactions. By automating transaction monitoring, Unit21 mitigates the risk of fraud and eliminates the need for manual checks, saving valuable time for users.

Unit21 provides a comprehensive solution by offering parameters to identify suspicious activity and generate monthly and quarterly reports effortlessly. This feature not only reduces noise but also ensures accurate reporting to the board. Overall, businesses using Unit21 have found it to be a powerful tool that solves critical business problems in data security, productivity improvement, compliance, and effective transaction monitoring.

Efficient Data Monitoring: Several users have praised Unit21 for its effective and efficient data monitoring capabilities. They appreciate how the platform allows them to monitor transactions with ease, providing valuable insights into each customer entity or business.

Easy Integration and Workflow Setup: Reviewers have found Unit21's integration and rule-creation features to be user-friendly. They mention that it is easy to integrate the platform into existing workflows, making it convenient for setting up escalations and streamlining processes.

Consolidation of Compliance Information: Many customers value Unit21's ability to consolidate compliance-related information in one place. The platform integrates seamlessly with KYT alerts from other vendors, allowing the Compliance team to access all necessary data in a centralized location.

User-Friendliness: Some users have mentioned that the software could be more user-friendly and easier to use. They have found the overall system to be not particularly intuitive, which has impacted their experience with the product.

Long Implementation Process: Several reviewers have expressed their dissatisfaction with the long implementation process and the associated hard requirements. They feel that these aspects could be improved upon to make the onboarding experience smoother and more efficient.

Limited Feature Set: While acknowledging that the solution is relatively new and may add more features in the future, some users have felt that the current feature set does not meet their expectations. They believe that additional functionalities would enhance their experience with the software.

Unit21 helps protect businesses against adversaries through an API and dashboard for detecting and managing money laundering, fraud, and other sophisticated risks across multiple industries.

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ClickGUARD is a fully automated protection tool that enables businesses to run secure pay-per-click campaigns. The software can eliminate unwanted clicks on your PPC ads, help to clean up your traffic, and optimize your budget for your target audience.

Unit21

Fraud Detection Software, and Risk Management Software, are systems designed to detect and prevent fraud in real time and secure web, mobile, and phone transactions. These platforms are tailored to the needs of financial institutions and also retail organizations who sell online, and may vary in scope along the needs of their intended users.

How Does Unit21 Use Machine Learning?

Unit21 - Series B

Unit21 helps protect businesses against adversaries through a simple API and dashboard for detecting and managing money laundering, fraud, and other sophisticated risks across multiple industries.

Fraud Detection Software Features

Features related to products that help users with fraud detection.

Anomaly Detection

The software uses advanced algorithms to identify patterns of behavior that deviate significantly from the norm, enabling detection of fraudulent activities.

Timely Monitoring

The system constantly monitors transactions and activities as they occur, providing immediate alerts for any suspicious or potentially fraudulent behavior.

ID Verification

The software incorporates robust identity verification mechanisms such as KYC (Know Your Customer) processes and multi-factor authentication to ensure the legitimacy of users.

Data Analysis and Pattern Recognition

Utilizing machine learning techniques, the software analyzes large volumes of data to identify patterns and correlations that may indicate fraud.

Rule-based Alerts

The system can be configured to generate alerts and notifications based on predefined rules that indicate suspicious or fraudulent behavior.

Investigation Tools

The software provides tools and workflows to manage and investigate potential fraud cases, allowing users to document findings, collaborate, and initiate appropriate actions.

External Data Integration

The system can connect with external databases, APIs, and third-party services to gather additional information and enrich the fraud detection process.

Compliance and Regulatory Support

The software incorporates features to help organizations meet compliance requirements and adhere to regulatory frameworks in the context of fraud prevention and detection.

User Interface

The software provides an intuitive and easy-to-use interface with interactive dashboards, allowing users to quickly navigate, access relevant information, and take necessary actions.

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

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What is Unit21?