Credit card fraud is a significant problem for businesses and consumers alike, with billions of dollars lost each year. Fraudsters use increasingly sophisticated tactics to evade detection, making it challenging to identify fraudulent transactions quickly. Traditional fraud detection methods often require manual reviews and can lead to significant delays, resulting in losses for the business and frustration for the customers.
The LOGIBLOX no-code AI platform comes with a fraud detection solution that uses advanced AI classification algorithm to analyze credit card transactions in real-time. Train your machine learning model with fraudulent transactions based on historical data. Test the performance and integrated it into your existing IT landscape or build your own fraud detection cockpit with the LOGIBLOX App Builder (Learn more).
With LOGIBLOX, it`s very easy to:
Use advanced machine learning techniques to detect fraud effectively.
Eliminate fraud with LOGIBLOX to significantly lower costs associated with fraudulent activities.
Build your own fraud detection system in just minutes.