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Challenge

A global banking institution struggled with fraud detection due to outdated risk management models. Real-time transactions were not efficiently monitored, leading to increased fraudulent activities and financial losses.

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Solution

Leveraged machine learning-based fraud detection systems integrated with real-time transaction monitoring. Implemented behavioral analytics to detect anomalies and prevent fraud proactively.

Outcome

Reduced fraudulent transactions by 90%, increased detection accuracy, and minimized financial losses while ensuring a frictionless customer experience.