Fraud continues to rise, and the stakes are only getting higher
In today’s changing fraud landscape, traditional fraud solutions are no longer keeping up. Once a fraudster finds a weakness, they capitalize on it quickly, and no amount of manual intervention will stop it all. Combine that with the growing demand from consumers for a seamless experience, there is a huge push for more automation that balances the need to mitigate risk with the consumer experience
Synthetic ID fraud incidence expanding Syndicate fraud is making a
100 % annually. comeback in India.
Minimise fraud risk without sacrificing consumer experience
Luminate empowers businesses battling to contain fraud in a digital-first world. Its Adaptive Decisioning Platform is unique in providing a 360-degree view of the end customer, helping to protect the customer journey. It’s cloud based solution that integrates rich data sources and harness power of artificial intelligence to uncover the latest fraud trends with extreme accuracy. Extensive Predictive Pwerful Analytics Link analysis Real Time Data & Fraud Backed Rules visualization Intelligence Intelligence Solution Engine & Workbench on Device
Extensive Data & Intelligence
Purpose built data lake that can ingest structured and unstructured data, transform and enrich that data and generate insights. Required alternate data connectors could be built as well
Predictive Fraud Solution
Machine learning based model keeps up with dynamic nature of fraud trends as it extracts more information from data and adapts to identify new fraud patterns, keeping business a step ahead of fraudsters
Powerful Analytics backed Rules Engine
Quickly adapts to changing fraud attacks by easily adding, modifying and optimizing rules, and user can know the impact of changes before adopting them.
Link Analysis Visualization & Workbench
Reduces complexity through a unified, single analytics view. Sophisticated data visualization with slicing and dicing features identifies patterns and relationships while screening for fraud
Real time intelligence on device
Device recon analyzes hundreds of mobile and desktop device characteristics including browsers, language, location, operating system and even mobile emulation and battery level to provide business with intelligent insights to confidently determine whether a device is associated with fraud
Key Benefits
Improve Consumer Maximize Efficiency Help Catch Fraud Experience Harness the power of Simplify, clarify and increase Leverage Existing data/tech machine learning and speed of identity verification investments (both internal iterative analytics to manage matching and authentication and external) to orchestrate, fraud decisions and help for reduced friction, increased connect and augment what reduce false positives. you already have acceptance rates and a manual reviews and consistent consumer operational fraud exprience risks
