Advanced Fraud Protection & Risk Management

Challenge

• Replace a complicated and aging fraud detection system
• Reduce false positives
• Implement improved credit line management

Solution

1. Delivered an updated, modern fraud and risk management solution with fully supervised machine learning based algorithms.
2. Provide a more accurate scoring model based on big data sources and advanced predictive analytics. Leverage big data for expanded analytics on both positive and negative factors history.

Delivering on the Promise

1. Increased revenue by $322M annually
2. Reduction in false positives
3. Improved credit line management for high income consumers.
4. Financial break-even after 120 days.

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