Pitney Bowes and RCG Global Services Join Forces to Deliver Fraud Detection Services
October 31 2016 - 8:00AM
Business Wire
Pitney Bowes (NYSE:PBI), a global technology company that
provides innovative products and solutions to power commerce,
announced a new alliance with RCG Global Services®, a global
provider of data and analytics and business applications. The two
companies will combine their strengths in data and technology to
offer financial crimes and compliance solutions for financial
institutions.
With fraud often as a precursor to money-laundering activities,
it is imperative that banks have trustworthy and accurate
information on their customers. As a result of many on-premise
legacy systems and new cloud bases services being used across the
financial services industry today, customer data in banking
institutions is often housed in disparate databases that cannot
communicate with each other or synthesize customer information.
Without clear and concise accurate customer data, financial
institutions increase their exposure to fraud, non-compliance fees
and costly security fines.
By combining the capabilities of the RCG enable™ solution with
Pitney Bowes Spectrum® technology, financial institutions now have
the ability to access all relevant and current information about a
customer across their organizations. Having a single customer view
facilitates investigative efficiency, improved regulatory
compliance and financial crimes prevention.
Vincent Raineri, Senior Vice President of RCG Global Services
stated, “Our architects appreciate the benefits of working with
Pitney Bowes tools that are certified with major Hadoop
distributions. Our customers appreciate the benefits of lower costs
and higher productivity in their fight against financial fraud.” He
added, “Our combined solution enables banks to drive down the costs
of regulatory compliance while simultaneously increasing their
capacity to manage their financial crimes obligations through a
simple find, link and visualize approach.”
“We are committed to bringing the most innovative solutions to
market with our partners,” said Mark Taylor, Senior Vice President,
Software Channels, Pitney Bowes. “RCG’s approach to coupling our
technology with their services, analytical capabilities, and
business applications is a unique solution which enables financial
services clients to manage their customer base and business risk
more effectively. Our team welcomes the opportunity to go to market
with RCG Global Services.”
About RCG Global Services®
RCG has a rich history of providing professional services to the
Global 1000 marketplace for over four-decades and is a global
provider of Data & Analytics and Business Applications
(including QA & Software Testing, Application Management and
Maintenance, and Agile Development). RCG serves 250 clients and 25
of the Fortune 100 across a range of markets, with a special focus
on Financial Services, Retail, Healthcare, Entertainment &
Hospitality and Energy & Utilities. RCG is based in Edison, New
Jersey, with offices nationwide, and an Offshore Delivery Center in
the Philippines. RCG was certified as CMMi5 in 2003 and is
certified as both ISO 27001 and PCI compliant.
(http://www.rcgglobalservices.com/services/data-analytics/big-data/)
About Pitney Bowes
Pitney Bowes (NYSE: PBI) is a global technology company powering
billions of transactions – physical and digital – in the connected
and borderless world of commerce. Clients around the world,
including 90 percent of the Fortune 500, rely on products,
solutions and services from Pitney Bowes in the areas of customer
information management, location intelligence, customer engagement,
shipping, mailing, and global ecommerce. And with the innovative
Pitney Bowes Commerce Cloud, clients can access the broad range of
Pitney Bowes solutions, analytics, and APIs to drive commerce. For
additional information visit Pitney Bowes, the Craftsmen of
Commerce, at www.pitneybowes.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20161031005196/en/
Pitney BowesJoan Rothman, 203-351-6162Software SolutionsPartner
Marketing & CommunicationsJoan.rothman@pb.com
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