What results can we expect?+
Companies implementing FraudNet typically see a 97% reduction in false positives, an 80% reduction in fraud, and a 20% boost in approval rates.
Do we need technical expertise to run it?+
No. The platform features a low-code/no-code rules engine and flexible dashboards, so business users can build and adjust fraud rules without engineering support.
How does the Learning Loop work?+
The Learning Loop continuously incorporates new data and outcomes back into the models, using supervised machine learning to improve detection accuracy over time.
What compliance capabilities are included?+
FraudNet includes AML and KYC verification, entity screening, and transaction monitoring as part of the platform.
Which industries does FraudNet serve?+
Payments, Financial Services, Fintechs, and Commerce, with customized fraud prevention and risk management for each.
How does the Global Anti-Fraud Network help us?+
It pools fraud patterns and insights across the FraudNet user base, so you benefit from threat intelligence gathered far beyond your own transaction data.