
Cutting Fraud Losses by 61% with Real-Time AI
Problem
FinCore faced escalating fraud losses as transaction volume grew 3x year over year. Rules-based systems produced excessive false positives, frustrating legitimate customers while still missing sophisticated fraud.
Solution
We built a real-time anomaly-detection pipeline combining gradient-boosted models with behavioral features, scoring every transaction in under 40ms and adapting to emerging fraud patterns.
Implementation
A streaming architecture on Kafka fed engineered features into an ensemble model served via FastAPI, with a human-in-the-loop review console and continuous retraining.
Results & metrics
61% reduction in fraud losses
47% fewer false positives
Sub-40ms scoring latency
$3.2M annual savings

