Success Story
Client Introduction
A leading US-based commercial lender offering leasing and financing solutions to equipment manufacturers, sellers, government institutions, and other organizations.
Problem Statement
- The client struggled to detect and mitigate fraud risks.
- The existing systems could not detect emerging threats.
- The undetected fraudulent transactions led to financial and reputational losses.
Solution Offered
Anaptyss implemented an advanced fraud detection system based on the Recency, Frequency, Monetary (RFM) scoring model and time-series analysis. This system enabled the client to detect and flag a sudden rise in transaction frequency and value. Additionally, the solution enabled the analysis of historical transaction data from the client’s database and proxies.
Key Solution Delivered
- Live RFM scoring system for scoring risks.
- Machine learning-based system to identify high-risk transactions and anomalies.
- State-of-the-art algorithmic fraud detection architecture
Business Outcomes
- Up to 100% detection of fraudulent transactions
- Maximized safeguard against fraud risks
Want to learn more or need a solution?
Write to us: info@anaptyss.com