Experian today announces the go-live of ‘Transaction Forensics’, a pioneering AI-powered fraud and anti-money laundering solution designed to help financial services detect and prevent increasingly sophisticated fraud and financial crime in real time.
Combining Resistant AI’s advanced behavioural and transaction analytics and Experian’s leading proprietary consumer and commercial data assets, Transaction Forensics uses more than 80 AI models to deliver an all-encompassing, granular view of fraud risk across bank-to-bank payments.
The challenge in identifying AI-fraud attacks
As criminals continue to use AI to launch fraud attacks at a scale and speed which traditional fraud systems cannot match, financial services are under increasing pressure to improve detection rates, while minimising friction for genuine customers and operational costs.
