Data analytics can combat fraud & transform your enterprise

Aashu Virmani, CMO at Fuzzy Logix here talks to Finance Monthly about the potential impact data analytics can have on fighting money laundering and changing your business for the better.

The numbers speak for themselves:

– 75% reduction in ‘False Positives’

– 40% increase in terms of incremental identification of suspicious activity or STRs

– 50% cheaper

So, if you are looking for a modern, Machine Learning based Anti-Money Laundering Solution for the Petabyte era – look no further.

 

Read the source article at Finance Monthly