Credit Card Fraudulent Transactions

Credit Card Fraudulent Transactions

Problem

It is challenging and costly to efficiently investigate every credit card transaction for possible fraud. Besides, normal customers may find being investigated unpleasant, and, as a consequence, they may decide to close their accounts.

Solution

With LogicPlum, organizations can automatically create very efficient models, which they can use to identify potential fraud. As a result, they only need to focus on those suspicious transactions, reducing the risk of targeting honest clients. The benefits are many: lower investigation costs, increased customer satisfaction, improved fraud detection, and increased client’s confidence in the organization.

Why LogicPlum?

LogicPlum helps organizations to automatically create models that can detect potentially fraudulent transactions. As a result, they can focus on those cases that are important, significatively reducing the time spent on low-risk transactions.

Want to request a demo?

Get Started