2020 Artificial Intelligence Awards

Wealth & Finance International - 2020 Artificial Intelligence Awards 17 APR2w2 Detecting fraud and being able to ensure that every digital transaction is totally safe has become the singular goal and focus of the team at Fraud.net Inc., a fraud detection company that makes full use of artificial intelligence and technology. Discover more about this double-award winning firm as we take a closer look at what it has to offer its clients. Best A.I. Driven Fraud Prevention Tech Platform – USA & Most Innovative Invoice & Wire Fraud Detection Solution: Email Shield Fraud.net Inc. Dec20517 Making every digital transaction safe is a big task, of that there’s no doubt, but using artificial intelligence and innovative technology is certainly the right way to go about making it happen. As businesses digitize their operations at unprecedented rates, they also create serious digital vulnerabilities with more than three billion customer data records having been stolen in 2018, and that was well before remote working due to COVID-19 became a factor. That three billion number is due to reach five billion by 2022, and cybercrime is also projected to grow up to four hundred percent, costing businesses everywhere eight trillion dollars. This is where Fraud.net Inc. comes in. Today, the firm is a leader in AI-powered enterprise risk intelligence with an award- winning fraud detection platform that helps digital businesses quickly identify transactional anomalies and pinpoint fraud using AI, big data, and live- streaming visualizations. What makes this outstanding platform one of the most innovative and up-to-date is the fact that it makes superb use of cognitive computing and deep learning, collective intelligence, rules-based decision engines, and streaming analytics to detect fraud in real time. However, utilising this data is about more than just having it. There also needs to be easy and transparent presentation of the data, statistics, and contextual variables to help organizations simultaneously reduce risks and optimize business processes. Enterprises can simplify their fraud management, and successfully defend against different types of fraud through one unified solution from Fraud.net Inc. As the world becomes more digital, protection is more important than ever before. Now is the time for businesses and enterprises to invest in digital protection against the growing threat of fraud, and who better to invest in than Fraud.net Inc., which has made its name in protecting clients all over the world. Company: Fraud.net Inc. Contact: Whitney Anderson Website: http://fraud.net/