Banking
Fraud in Banking and Finance
Advanced AI-driven solutions help financial institutions combat a wide range of fraud schemes. By analyzing real-time telemetry, behavioral sequencing, and predictive intelligence, the platform integrates unstructured data to uncover fraud patterns. This allows organizations to safeguard against threats like account takeovers, money laundering, and new account fraud, protecting both their customers and financial systems from damage.
Specific areas where Fraud Sense can protect your business include:
- Account takeover
- Money mules
- New account fraud
- Card fraud
- Network switch fraud
- Money laundering
Insurance
Insurance Claims Fraud
Protecting the insurance sector, this solution uses behavioral analysis to detect fraudulent claims, helping companies avoid financial losses and maintain the integrity of their services. By identifying anomalies in claimant behavior and spotting suspicious patterns, it ensures the fair processing of legitimate claims while significantly reducing the costs associated with fraudulent claims.
Fraud Sense can help your business by:
- Analyzing claimant behavior to identify anomalies
- Detecting patterns of fraud
- Reducing the cost of fraudulent claims
- Ensuring the fair and efficient processing of legitimate claims
Retail
E-commerce and Retail Fraud
Transform financial crime investigations with an AI-powered FinCrime Operating System. Advanced case management tools and transaction forensics streamline the detection and prioritization of suspicious activities. Features like alert prioritization and Luci, the GenAI Copilot, enable analysts to efficiently manage risk, allowing for the proactive prevention of fraud, sanctions evasion, and human trafficking, keeping organizations one step ahead of financial crime.
Fraud Sense safeguards e-commerce and retail businesses from:
- Account takeovers
- Payment fraud
- Other fraudulent activities
Healthcare
Healthcare Fraud Detection
Healthcare fraud affects patient safety and financial resources. With the ability to detect fraudulent billing, prescription fraud, and patient identity theft, this AI-powered platform provides healthcare organizations the tools to protect their systems. By identifying suspicious behavioral patterns, it ensures that fraud is caught before it impacts care or financial integrity.
Using behavioral analysis, Fraud Sense can:
- Identify patterns of fraudulent billing
- Detect prescription fraud
- Prevent patient identity theft
Gaming
Online Gaming and Gambling Fraud
Combat cheating and fraud in online gaming and gambling environments by monitoring player behavior for signs of fraud. By detecting anomalies like unexpected skill improvements or irregular betting patterns, this solution helps maintain fair play, protect platforms from fraudulent activities, and ensure a trustworthy gaming experience for all users.
Fraud Sense can help gaming and gambling platforms:
- Identify cheating players
- Detect fraudulent activities
- Ensure fair play and protect the integrity of the platform