ComplyAdvantage launches its novel AI-powered solution, Fraud Detection
IN BRIEF:
ComplyAdvantage is a global leader in AI-driven financial crime risk data and fraud detection technology
The technology utilises machine learning algorithms to identify and curb transaction-related fraud
Fraud Detection will scrutinise both monetary and non-monetary events for potential risk patterns
What does this mean?
“Our Fraud Detection solution helps payment providers, banks, and other institutions provide a strong first line of defence, protecting their customers and alleviating the stress and loss criminals cause,” ComplyAdvantage Chief Product Officer Oliver Furniss said.
