Client risk assessment is still crucial in banking and financial services. Calculate it with greater speed and accuracy with artificial intelligence.
What’s the best way to verify loan applicants and customer credibility? And how to do it all without a negative impact on portfolio quality? With artificial intelligence from Adastra, or Blindspot Solutions, you can use more data and work more effectively.
Client risk assessment is an important factor in financial services, whether for credit scoring or fraud detection. We have enriched our current data mining techniques with new artificial intelligence procedures, allowing us to incorporate new data and algorithms in the scoring. With us, you will know more about your clients/applicants and will do so earlier.
With artificial intelligence you can predict customer behavior. It will give you a heads-up when there is a customer you should pay attention to. Even if the customer does not show any anomalies yet (they pay, communicate), we can find signals in their behavior suggesting that the situation may change – e.g. delayed payments or balance falling frequently into unauthorized overdraft.
Take advantage of the potential of artificial intelligence which investigates and compares millions of data and searches for the common warning signs that precede the fraud itself.
CZK 7.55 billion of fraudulent transactions were seized by the Czech Financial and Analytical Office last year.
Money laundering detection
Let artificial intelligence learn from real-life examples. Algorithms take into account hundreds of indicators, comparing them with past cases and searching for common features in order to reveal suspicious transactions and accounts with a high degree of accuracy. The money laundering system is also evolves continually evolving and the artificial intelligence is continually updating the rules for detecting suspicious behavior. Make sure your rules for revealing fraud and money laundering evolve in step with offenders’ practices.
Would you like to get a solution customized to the needs of your company? Contact us today.
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