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Finance & Insurance

Fraud Detection, potentially saving billions of dollars

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Business Challenges:

Money Services Businesses (MSBs) have to identify fraudulent transactions while preserving account data privacy.

Solution Offered:

STADLE allows MSBs to share and combine AI models for detecting suspicious activity without sharing account data.

Outcomes:

  • Reducing False Positive Alerts will save millions of dollars as currently 90% of Anti-Money Laundering (AML) alerts are said to be false

  • Better ML models are needed to identify truly fraudulent transactions by detecting subtle anomaly

  • The improvement leads to massive cost reduction for the customers

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Unlock AI Potential with STADLE's Secure Solutions.

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