As real-time payments grow worldwide, fraudsters are becoming more sophisticated, exploiting vulnerabilities in fast-paced transaction environments. Traditional fraud detection methods are no longer enough. Banks need modern, AI-driven solutions that can detect fraud in milliseconds, across multiple channels, and adapt to emerging threats. This white paper delves into the critical need for advanced fraud risk management (FRM) in banks, highlighting how solutions like RS IntelliEdge™ - Banks can offer real-time, multi-channel fraud detection, leveraging AI, machine learning, and federated intelligence. Read on to discover how your bank can stay ahead of the fraud curve, and learn how to safeguard your payment systems in an ever-evolving landscape.