Reduce fraud with artificial intelligence and machine learning
Discover how Amdocs Business Assurance Services harnesses the power of AI to optimize fraud detection models, and increase detection speed to near real-time.
Reduce fraud with artificial intelligence and machine learning
Our innovative, machine learning-driven approach to 5G business assurance
The digital age has created a multitude of complex challenges for business assurance, which when combined with the accelerated proliferation of fraud and cyber fraud, places the very survival of business at risk.
Amdocs Business Assurance Services harnesses the power of artificial intelligence and machine learning to continually self-tune the fraud detection model without human intervention, and speed detection to near real-time.
Looking to ensure the long-term viability of its business, Bell Canada approached Amdocs to deploy the service, resulting in rapid, impressive results.
Benefits
-
10% increase in fraud detection
Identify customers at high-risk for committing fraud using a calibrated machine learning-based fraud risk score.
-
150% improvement in time to detect fraud
Rapidly detect changes in fraudster behavior using a calibrated machine learning-based fraud risk score.
-
200% improvement in time to identify new fraud schemes
Distinguish fraudsters from legitimate customers.