Fraud Prevention Solutions
It’s an emerging space for all to play in. Let us help you take a lead in next-generation experience.
We create customized state-of-the-art fraud detection solutions that detect frauds and can save you millions of dollars in revenue.
New fraud techniques emerge every day from increasingly adaptive cyber gangs and criminals. Card-not-present fraud will cost retailers worldwide $130 billion between 2018 and 2023, a new report from Juniper Research predicts.
In order to stay ahead of the curve in combating fraud, you need to be able to understand “why” a transaction is being predicted as fraudulent, if it represents an emerging trend, and adjust business rules to prevent new patterns of fraud from taking hold.
Get in touch and let us know how can we help.
Real-time Screening
The solutions for fraud detection by Sky Potential are the perfect option for all companies as they provide real-time transaction and user screening. It is designed to monitor incoming data, saving business owners’ time and efforts to review each order themselves.
Deep Insights into User Behavior
The fraud detection system by Sky Potential is an entirely reliable option as it can spot correlations between user behavior and fraudulent activities. Smart solutions can monitor streaming data and detecting fraud patterns.
Accurate Detection
Businesses end up ruining the user experience for many customers through false positives.Sky Potential solution is a perfect way to address the increasing fraud positives. It helps businesses provide their customers with perfect user experience.
Fraud and risk managers today need machine learning applications that provide full explainablility for each and every prediction, to understand fraud causes and their defining factors, enable investigation and review, detect new emerging patterns and constantly monitor changes and differences in fraud methods.
Machine learning is like having several teams of analysts running hundreds of thousands of queries and comparing the outcomes to find the best result – this is all done in real-time and only takes milliseconds.
Machine learning systems improve with larger datasets because this gives the system more examples of good and bad eg. genuine and fraudulent customers.
Remember that machine learning is like having several teams running analysis on hundreds of thousands of payments per second. The human cost of this would be immense – the cost of machine learning is just the cost of the servers running.
Machine learning models are able to learn from patterns of normal behavior. They are very fast to adapt to changes in that normal behaviour and can quickly identify patterns of fraud transactions.
With the help of Agile methodology, we maintain a record that is untarnished and exceptional. Team delivers on time without compromising on quality while catering to all the nitty-gritty of the products.
Provides best-in-class technical support and consultation services. Our clients have the complete freedom to raise queries every step of the way. It is vital for us to craft products that are perfect, down to the smallest detail, and to provide a truly remarkable experience.
Get in touch with us for a seamless design stronger fraud prevention services.
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