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Tech-Hub
Tech-Hub

Fraud Detection

Project Details

Project Team:
  • Delivery Executive
  • Senior Data Scientist
  • Safer Payments Senior Consultant
customer:

Arab African International Bank

industry:

Banking

Country:

Egypt

Technologies:

IBM Safer Payments

Challenges
  • In the digital era, financial institutions will require a very nimble approach to identify and respond to new fraud threats faster than their peers – lest they become the path of least resistance for fraudsters. AAIB required a fraud monitoring tool to arm them in their battle against 21st century crimes against banking.
  • AAIB needed to battle fraud, but at the same time guarantee a smooth experience for the customers. A smooth experience for customers is not always easy to attain when implementing a fraud detection solution as high false-positive rates are a common issue; however, IBM Safer Payments is able to provide both a smooth experience and a low false-positive rate.
solution brief
  • Our solution comprises of IBM’s world’ best software product in fraud prevention and forensics. It is called IBM Safer Payments which is a real time Omni-channel fraud detection and prevention engine this would make fraud management robust, fast paced and extremely easy, yet powerful.
  • IBM introduces the industry’s first true cognitive fraud prevention solution to payment processing with IBM® Counter Fraud Management for Safer Payments. The solution protects some of the largest and most complex payment portfolios in the world. Users report that IBM Safer Payments significantly reduces fraud losses while keeping false alarms to a minimum. This new approach services all payment channels.

Connect with Us

Reach out for Inquiries, Collaboration, and Tailored Solutions

    Call Us.

    Phone Egypt:
    +202 25165746 – +202 25165744

    Phone United Arab Emirates:
     +971 042460236 – 042460237

    Email Us.

     info@tech-hub.tech

    Addresses.

    Egypt : 3 Road 262 New Maadi, Gazeyer Sqr, Cairo-Egypt, P.O. 11431

    UAE: Office number 2510-14, 25th Floor, The Citadel Tower, Business Bay, Dubai-U.A.E

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