Transforming Fraud Detection in Finance with AI

Fraud is a significant threat to financial services and institutions, resulting in massive losses year over year. Today’s fast transaction times and ever-evolving schemes make it increasingly difficult to immediately identify, counteract and recover. Fraud prevention and detection is a dynamic, ongoing process, but the trick is to recognize it early and at the point of origin in real-time. Luckily, machine learning and artificial intelligence algorithms are excellent in finding sophisticated fraud traits that a human simply cannot detect.

Tune in to learn how you can use AI and ML techniques to understand what fraud looks like, how to spot fraud in your data, and how to use shallow and deep learning techniques to detect and prevent these frauds early on. You’ll hear from our Strategy and AI Practice lead on top tools and techniques to tackle fraud and how to approach fraud detection and prevention while maintaining a high-quality customer experience.