Fraud Detection2020-11-10T09:47:03+00:00

85% reduction in false positives using real-time fraud detection

Created a system for identifying traits of both suspect and legitimate claims to provide fraud detection

Business Challenges

The existing system was unable to handle large number of queries and was inefficient in fraud detection and processing valid claims.

Sigmoid’s Solution

Analysed and mapped their complete data. Scaled and integrated the data and insights into a custom-tailored fraud database.

Business Impact

With our real-time fraud detection system, the client was able to achieve 30% increase in effective fraud detection and 85% reduction in false positives.

For detailed understanding and solution, please download the case study here

Go to Top