The Challenge
Fraud detection is increasingly complex, with key issues including:
- Shifting to digital systems for proactive fraud management.
- Centralizing fraud detection across geographies.
- Reducing costs while preventing revenue losses.
Our Solution
Mastek’s AI-powered prescriptive analytics for fraud detection:
- Cloud-Based Models: Customized for multi-country deployment.
- Advanced Feature Engineering: Trained on relevant data for maximum accuracy.
- Robust Algorithms: High-precision fraud detection across regions.
The Outcome
- 80% Recall Rate: Saving £3.5 million annually.
- Global Scalability: Deployed successfully across four countries.
- Operational Excellence: Real-time insights and efficient fraud detection processes.
Why Partner with Mastek?
- Proven fraud detection solutions that reduce costs and improve accuracy.
- Expertise in deploying scalable solutions across multiple regions.