Real-time Identification of Potentially Risky Transactions

CHALLENGES

The Retail Banking Division aims to send personalized marketing notifications to each customer, tailored to their needs and transaction history. These notifications are sent instantly when customers make a transaction or spend via card. This approach can be combined with card-accepting merchants/stores to increase transaction volume through the bank.

Risk Management

Recognize and block potential

risky transaction

Streaming, ML

COMPLEXITY

LOW
HIGH

BUSINESS IMPACT

LOW
HIGH
Banking
Solution Icon

WHAT'S IN THE SOLUTION ?

Solution Diagram
Hand

BENEFITS

Enhance Coordination

Among IT, Risk, Business, and Data Scientist teams

Shorten Implementation Time

8 weeks to create a prototype, 6 months to complete from start to finish

Risk Management Model Automation

Increase autonomy for risk experts to maintain and strengthen models

40%
Minimize FALSE

FRAUD DETECTION

Real-time Identification of Potentially Risky Transactions