Identifying fraudulent transactions can help financial institutions avoid major losses, both in monetary and reputational terms. The Fraud Detection Advanced Analytics Pill helps you to:

• Prevent massive losses caused by fraudulent transactions.
• Reduce the operational cost of scrutiny processes by decreasing the number of false positives.
• Simulate strategies to reduce fraud before putting them into action.
• Strengthen your existing rule-based risk models with Machine Learning-generated drivers to improve decision-making processes.
• Understand the key parameters that impact a customer risk profile.

With our Fraud Detection solution, you will get:

• Web Application: A web application that generates outputs based on the legitimacy of the uploaded transaction details, showing risk profiles and driver analysis.
• Dashboard: An easy-to-use dashboard that displays analysis of the most important features correlated with fraudulent transactions.
• Simulation Module: A comprehensive simulation module to investigate how certain variables can improve fraud detection measures.

Our Advanced Analytics team will help you setup the solution environment, including the installation and configuration of tools. We will also provide training, technical documentation, and a user guide.