New Odyssey
Back to Use Cases

AI-Powered Fraud Detection in Real-Time

Detect and prevent fraudulent claims, transactions, and activities using machine learning and behavioral analytics.

How It Works

  1. 1

    Data Collection

    Aggregate data from multiple sources in real-time

  2. 2

    Pattern Analysis

    ML models analyze behavioral patterns and anomalies

  3. 3

    Risk Scoring

    Each transaction or claim receives a fraud risk score

  4. 4

    Alert Generation

    High-risk items are flagged for immediate review

  5. 5

    Feedback Loop

    Investigation outcomes improve model accuracy

Benefits

  • Detect fraud patterns traditional rules miss
  • Reduce false positives by 60%
  • Real-time alerting and prevention
  • Continuous learning from new fraud patterns
  • Cross-channel fraud correlation
  • Reduced investigation workload

Key Metrics

40%

More fraud detected

60%

Fewer false positives

$2M+

Annual savings

Real-time

Detection speed

Get started with Real-Time Fraud Detection

See how New Odyssey can transform your workflow.