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  • Artificial intelligence against fraud

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Facts and figures

Digital customer journeys now allow consumers to apply for credits or subscribe to services and purchase products in a few seconds on the Internet. The volume of online sales in Europe continues to increase by more than 15% per year (source: Statistica B2C online sales) and the volume of outstanding consumer credit increases by almost 5% per year. At the same time, fraud is growing at an unprecedented scale, and takes various shapes: application fraud, identity theft, President’s fraud, social engineering…



. billion

Consumer credit fraud (1)


%

Fraudulent applications on car purchases (2)


out of companies

Victims of attempted fraud (3)


K

Average cost of the President’s fraud (4)

Sources : (1) Cross-estimates from various financial institutions in France (2) UBS 2016 (3) DFCG study - Euler Hermes 2016 (4) Central Office for the Suppression of Major Financial Crime

Ercom advantages

With its historical capabilities to collect and manage very large volumes of real-time data in the telecommunications world (billions of events every day), Ercom now offers anti-fraud solutions combining the advantages of artificial intelligence and big data.

Efficiency

Increase the relevance of fraud cases with artificial intelligence

  • Reduced number of false positives
  • Real-time detection of new cases
  • Reduced maintenance efforts with self-learning models
FLEXIBILITY

Accessibility

Improve the operational efficiency of your teams

  • Intuitive graphical user interface for decision-makers
  • Context enriched by several databases
  • Complete dashboards to drive your teams
SCALABILITY

Scalability

Get the best combination of supervised and unsupervised models

  • Learning from your history to detect new fraud attempts, and automatic update by analyzing new files
  • Detection of anomalies and previously unknown fraud patterns with a second set of machine learning models
  • Ability to handle a large number of events and scale to growing use
REALISM

Use cases

Analytics

Fraud on bank transfers: social engineering (including President’s fraud and supplier fraud)

Analytics

Fraud on credit applications with identity theft

Analytics

Fraud on e-commerce purchases

Fraud Analytics by Ercom and you

Analytics

You are a Risk Manager and would like to improve the performance of your department

Analytics

You are a Fraud Analyst and would like to get a powerful decision-making tool

Analytics

As a company, you want to protect your customers

Documentation request

Do you want to know more about Analytics ?

Contact us