Fraud.net Application AI - Fraud prevention at application - Onefede
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Fraud.net Application AI – Fraud prevention at application

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Application AI provides fraud prevention through a real-time risk assessment of applications requested by a customer or prospect. This helps clients verify legitimate customers, while detecting duplicate and fake accounts, synthetic identities, and bots before they can cause further financial harm. Additionally, this product provides a best in class Know-Your-Vendor framework, powered by intelligent automation.

Derisk your vendors, trust your customers, and protect your profits with Application AI.

  1. 22% more applications approved
  2. 63% faster time to approve
  3. 4x more fraud proactively detected

 

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Description

Application AI provides fraud prevention through a real-time risk assessment of applications requested by a customer or prospect.

Authenticate all type of applications

Application AI is trusted by the world’s leading financial institutions and digital merchants to authenticate:

  1. Account openings
  2. Loan applications
  3. Bank account openings
  4. Credit card applications
  5. Merchant and supplier on-boarding
Stay ahead of Fraudsters

Application AI solves for:

  1. Duplicate accounts
  2. Fake accounts
  3. Synthetic identities
  4. Bots
  5. AML & KYC
  6. Credit checks

 

Vendor Information

Description

Fraud.net provides modern fraud management infrastructure built specifically for businesses. The award-winning, cloud-based platform helps organizations of all sizes harness AI-driven, risk intelligence to detect fraud, streamline case management, and leverage real-time, actionable insights to make them safer, smarter, and more profitable.

Fraud.net’s comprehensive, enterprise-grade capabilities are powered by deep learning, collective intelligence, rules-based decision engines, and streaming analytics. Fraud.net’s straightforward, modularized interface and deep integration with more than a dozen leading data and fraud management vendors provides users with unparalleled flexibility, customization, and ease of use.

Through a single point of command, Fraud.net helps customers unify and analyze billions of data points from disparate systems and sources, and track digital identities and behaviors. Our solution allows customers to deploy the latest tools and techniques so they can combat different types of fraud while allowing good transactions to sail through. Additionally, its transparent presentation of the data, statistics, and contextual variables helps simultaneously optimize business processes and reduce risk.

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