ING joined the Central Fraud Detection System (KVR)

ING Bank N.V. Hungary Branch joined the Central Fraud Detection System (KVR), operated by GIRO Zrt., in compliance with the provisions of Act LXXXV of 2009 on the provision of payment services. The system uses state-of-the-art technology to analyze instant payments within seconds and helps detect fraud.

The system uses AI (Artificial Intelligence) solution to assess the fraud risks indicating a scoring associated with individual transactions. Based on the relevant legislation, domestic banks are required to submit specific data on instant payments to the Central Fraud Detection System from 1 July 2025. Banks are expected to incorporate the scoring received from the KVR into their own fraud screening systems. In the coming period, based on the incoming data and experiences, the system is expected to be continuously improved in order to maximize efficiency.

If you have any questions regarding the above, our Customer Service is at your disposal at client.service.hu@ing.com.