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Client: SecureBank
Fraud Detection System
AI-based system that reduced fraudulent transactions by 92%
Technologies Used
Anomaly DetectionMachine LearningPythonKafkaReact
Project Overview
SecureBank was experiencing increasing levels of fraudulent transactions that were costing millions annually. We developed an advanced fraud detection system using machine learning to analyze transaction patterns and identify suspicious activities in real-time. The system continuously learns from new data to stay ahead of evolving fraud techniques.
Results & Impact
- •Fraudulent transactions reduced by 92%
- •False positive rate below 0.1%
- •Real-time detection and prevention capabilities
- •Annual savings of $4.5 million in fraud losses