What is FraudSentinel360?

Who Is It For?

Empowering BFSI to combat fraud through intelligent management systems.

Banks face a high risk of fraud across multiple channels—online transactions, lending, and internal operations. FraudSentinel360 helps banks detect, investigate, and manage fraud cases efficiently while ensuring compliance with RBI regulations. Its structured workflows and automated FMR-1 & FMR-2 reporting reduce manual effort and improve response times.

Banks (Public, Private, Co-operative)

NBFCs & Microfinance Institutions

Fraud risks in NBFCs and MFIs often involve loan frauds, identity theft, and misrepresentation. FraudSentinel360 provides a centralized fraud case management system to track and investigate suspicious activities, enhance due diligence, and ensure regulatory compliance. It also helps in seamless coordination between risk teams and legal departments.

Insurance Companies

Insurance fraud—including false claims, misrepresentation, and agent misconduct—can lead to significant financial losses. FraudSentinel360 enables insurers to manage fraud investigations systematically, track case progress, and store key documents securely. It also supports regulatory reporting and inter-departmental coordination to resolve fraud cases efficiently.

Regulatory Compliance Teams

With the RBI’s Master Directions on Fraud Risk Management (2024) requiring structured fraud reporting, compliance teams need a reliable system for monitoring and filing reports. FraudSentinel360 automates FMR-1 & FMR-2 reporting, ensuring accuracy and timely submission. The platform also helps track compliance actions and audit trails for regulatory reviews.

Internal Audit & Vigilance Departments

Audit and vigilance teams play a critical role in fraud prevention and detection. FraudSentinel360 provides real-time fraud case tracking, centralized document management, and audit trails to enhance transparency. The system’s structured workflows ensure that fraud investigations are conducted systematically, from detection to resolution.

Key Features

Why FraudSentinel360?

• Built for BFSI – Designed specifically for fraud management in regulated financial environments.

• Fully Configurable – Tailor fields, TATs, workflows, and reports as per your organizational needs.

• Cross-Department Visibility – Keep all stakeholders aligned with central case views.

• Ensure Timely Compliance – Avoid penalties with automated reminders and FMR tracking.

• Quick Implementation – Go live in weeks, not months, with our onboarding framework.

• Hosted Your Way – Deploy on cloud or on-premises, with full data security.

How It Works

1) Fraud Reported – Case initiated by Audit or branch user

2) Workflow Routing – Routed to appropriate department (FCU, Vigilance, HR, Legal)

3) Status Updates – Departments update findings, remarks, and documents

4) Approvals & Escalations – Movement through Maker > Checker > HOD

5) Final Order & Committee Notes – Legal issues order post approvals

6) Compliance Filing – Compliance files FMR-1 and FMR-2 to RBI

7) Case Closure – Based on recovery, internal committee decision, or legal closure

Benefits

• Improve response times to fraud cases

• Enhance accountability across departments

• Eliminate manual handovers and delays

• Ensure end-to-end traceability

• Streamline regulatory filings

• Strengthen internal governance and audit readiness

Why DB Tech?

• Founded by legal compliance experts with 17+ years of experience

• In-house development team with deep BFSI domain knowledge

• Rapid deployment model with customizable architecture

• Strong governance, ethics, and compliance focus

• Trusted by banks, NBFCs, corporates, and advisory firms