Fraud detection software for payment processing gateway.
Payment platform specializing in handling transactions for companies in travel industry.
Identify fraudulent transactions and reduce fraud related losses.
Achievion data science experts analyzed the client’s data lake that aggregated financial data coming from multiple sources. The team has also reviewed the existing transaction validation engine to better understand the nature of the fraudulent activities.
Once the analysis phase was completed, we developed and trained the Machine Learning model to detect suspicious transactions within several seconds after posting. The continuous monitoring and improvement process was put in place to keep the model up to date going forward.
Our engineering team built the API on top of the model and integrated the software with client’s payment processing engine.
Our software significantly increased the number of detected fraudulent transactions and achieved 95% accuracy. The client’s manual transaction review process got simplified which brought substantial cost savings to the company.
AI-driven recommendation service that forecasts homeowner’s intention to sell a property.
Novel drug’s allergy, non-response, and side effects prediction based on ML algorithms.
AI-powered application to predict demand for retail product line.
Document categorization service for Document Management System in construction industry.
Get in touch to learn how our AI powered solutions
can solve your business problem.