Panda Security has launched an anti-fraud service aimed at banks and businesses that use online transactions.

Panda Security for Internet Transactions is designed to protect online merchants, and clients of e-banking and pay-platforms against malware and tackle fraudulent payments, the company claimed.

The appliance scans customer computers in real-time to check that users carrying out transactions on company websites are not infected with malicious code, according to Panda Security.

The product also includes protection against targeted attacks, can be configured for user visibility and is compatible with Microsoft’s Internet Explorer and Mozilla’s Firefox web browsers, the firm said.

The service is available now. Pricing details were unavailable at the time of going to press.