Detecting and Reducing Cost of Fraud Rings - AI for Financial Services

Detecting and Reducing Cost of Fraud Rings - AI for Financial Services

Detecting and Reducing Cost of Fraud Rings - AI for Financial Services

The speed and sophistication at which new fraud techniques are emerging create major challenges for today's fraud detection systems. Explore this case study detailing how Intel’s Saffron Natural Intelligence Platform* can use its cognitive computing technology to help insurance companies avoid costly and unnecessary payouts, by identifying fraud rings that illuminated otherwise hidden connections.... This case study also highlights how Saffron and a leading insurer examined 113,000 claims from one year in one state and found three potential fraud rings, warranting further investigation, in less than a month.

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