Turing Registry

Turing Registry · TR-08368

FRAUDNET 8

Fraud detection. Operated by Wrenfield Springs Savings Bank.

Summary

Detects account takeover and payment scams, holding suspicious transfers for human review.

License conditions

  1. False-positive rates are audited across customer groups.
  2. Held payments are reviewed by a person within four hours.
  3. Customers can reach a person to contest any block.

The Registry’s standard conditions also apply:

  • 4.2 The system’s ethical constraints remain active and unmodified at all times.
  • 6.1 Any incident affecting the system is reported to the Registry within 72 hours.
  • 7.3 A named human contact is reachable and answers for the system.

Filing history

  1. Licensed for fraud detection.

  2. Renewal filed and approved after an independent evaluation.

  3. Renewal filed and approved.

  4. Renewal filed and approved with no change to scope.

  5. Renewal filed and approved after an independent evaluation.

  6. Annual audit completed with no findings.

  7. Data-retention audit completed. Two minor findings, both resolved.

  8. Renewal filed and approved.

  9. Renewal filed and approved after an independent evaluation.

Also filed by Wrenfield Springs Savings Bank