The impact of today’s organised cybercrime is felt across the financial sectors globally. As more people access financial services and accounts from personal devices, financial institutions and their users have become the primary targets for fraud. An intelligent and highly scalable processing engine is a must in today digital world, which can monitor and mitigate fraud across multiple customer touch points, diverse transaction types and in the high velocity of transactions.
Kiya.ai’s Anti-Fraud Solution is an enterprise-wide solution designed to implement strong fraud prevention, detection and analytical tools to reduce frauds & risk exposure. Our solution is based on a high degree of automation with minimal manual intervention. The solution utilises Artificial Intelligence (AI) and Machine Learning (ML) to increase the accuracy of its fraudulent pattern detection algorithms and to reduce the number of false positives. Available as individual components, or an integrated whole, the solution is built upon a common technology platform and offers both real-time and batch processing for proven efficient fraud prevention, detection and lower false positive rates across all products and channels.
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