Success stories

Securing Financial Transactions: How a Large UK Bank Enhanced Fraud Detection with Advanced Analytics

Written by Admin | Jul 25, 2024 5:51:07 AM

A major UK bank embarked on a mission to combat financial fraud and enhance transaction security for its customers. The increasing need to detect and prevent complex fraudulent activities, demanded an evolution beyond simple rule-based analytics for filtering suspicious transactions. The bank embarked on a journey to build a robust fraud analytics ecosystem capable of generating advanced rules and accurately predicting fraudulent transactions.