FriskAI
Fraud risk intelligence AI with Slalom and NVIDIA
As AI technology evolves, so do the tactics of fraudsters who seek to exploit it for fraudulent activities
Fraud prevention and detection is a top priority as financial institutions process billions of transactions every day and the scope and complexity of fraud grows to billion dollar losses.
Generative AI as Copilot
LLM-based assistants expedite decision-making on fraud cases by running RAG on policy documents. Generating Synthetic data can improve to train fraud detection ML models.
Advanced AI ML Solution
AI can generate fraud risk scores, flag suspicious activities, and provide real-time alerts for fraud prevention from historical transactions and Realtime transactions.
Discover the power of FriskAI
Enable adaptive protection
As fraud tactics evolve, AI and machine learning systems continuously adapt to new threats.
Supplement quick investigations
When fraud does occur, AI-driven systems can help businesses identify and resolve issues more quickly.
Retain safety and compliance
Stay compliant with evolving regulations and industry standards related to fraud prevention and data protection.
Outcomes
- AI and ML predict for Fraud will bring confidence for financial companies, enabling millions to transact safely. Through GenAI and AI/ML, Fraud reduction can be reduced 50-90% over a 3-year horizon.
- GenAI helps to combat fraudulent transactions by improving accuracy, increasing speed for fraud investigations to mitigate immediate risks.
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