Experian Launches AI-Powered ‘Transaction Forensics’ to Bolster Fraud Prevention Across UK Financial Services
EXPERIAN PLC S/ADR (EXPGY)
NASDAQ:AMEX Investor Relations:
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Source: Business Wire
Market first uniquely combines Experian leading datasets and transaction and behavioural analytics in real timeDeveloped with Resistant AI, Transaction Forensics drives 200% increase in APP fraud detection LONDON--(BUSINESS WIRE)--Experian today announces the go-live of ‘Transaction Forensics’, a pioneering AI-powered fraud and anti-money laundering solution designed to help financial services detect and prevent increasingly sophisticated fraud and financial crime in real time.Combining Resistant AI’s advanced behavioural and transaction analytics and Experian’s leading proprietary consumer and commercial data assets, Transaction Forensics uses more than 80 AI models to deliver an all-encompassing, granular view of fraud risk across bank-to-bank payments.The challenge in identifying AI-fraud attacksAs criminals continue to use AI to launch fraud attacks at a scale and speed which traditional fraud systems cannot match, financial services are under increasing pressure to improve det
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