Every year, Central 1 handles 825 million payments, making it possible for our clients to provide their customers with fast, secure, and hassle-free transactions.
Protecting our clients and their customers from payment fraud is at the heart of what we do. In 2024, we helped our clients prevent 11,043 scams, including a single $200,000 wire payment. That’s why we’re proud to work with Featurespace, a global leader in fraud detection and prevention.
Our Enterprise Fraud Management (EFM) solution, powered by their cutting-edge monitoring technology, delivers an average 9000% return through fraud savings. A recent case study from Featurespace highlights how our partnership leverages their innovative technology to power our EFM solution. Backed by Featurespace’s technology, a consortium-based model, and our built-in fraud expertise, we’re delivering unmatched protection and helping businesses focus on growth, not risk.
A mid-sized financial institution can expect to pay $1 to $2.5million annually to manage fraud prevention in house. With Central 1, you’ll save costs and gain the aggregate knowledge and collaboration of financial institutions across Canada.
Reach out to learn how Central 1 can help you manage and move money securely and with confidence.
