Fraud detection and prevention has long been a major challenge for the financial services industry. With the increase of digital fraud attempts and growing use of sophisticated techniques, manual and rules-based systems have become insufficient in detecting and preventing these attempts.
Our sophisticated AI capabilities help your business manage risk with an end-to-end system that spots irregularities in financial transactions. Using advanced machine learning algorithms, we help you to profile normal customer behavior and then detect deviations from this behavior that may indicate fraudulent activities. This real-time system notifies network managers as soon as suspicious patterns are detected, allowing them to take fast action.
Despite the push towards the digitization of the financial services industry, many financial units are predominantly stored offline, making geospatial analytics mapping to plan branches, in-mall stalls, and ATM locations crucial to the industry.
Our geospatial technology solutions are armed with geographical analytics that combine geospatial business intelligence with AI to optimize logistics, detect client clusters within cities or regions, and reduce operational costs. Our technologies have demonstrated success in strategically enabling clients to realize significant ROI and continuously monitor risks and opportunities.
Fraud & Anomaly Detection
Using our NLU technology and NLU capabilities, we helped a leading regional bank to develop an outlier detection model that detects whether an employee's payments come from the same employer listed in the loan table with 95.7% accuracy, allowing them to make more informed decisions.
Our AI-driven geospatial technology enabled a leading national bank’s management team to identify accurate and optimal site locations based on the data collected on competitive insights and performance analytics on recent site openings and closures.
The COVID-19 pandemic clearly illustrated that the global healthcare industry has a significant need for digital transformation. As a result, 93% of healthcare organizations are actively planning to transform digitally. In response to these global demands, we have developed cutting-edge AI solutions that pave the way towards a more optimized and reliable healthcare system in the modern digital world.
During the pandemic, the global healthcare sector experienced a scarcity of patient access, resulting in a major demand for efficient resource planning, crisis management, and risk detection processes.
Our AI solutions build predictive models that focus on patients’ behavioral characteristics at a regional level. Our solutions predict key signals that track and monitor operational performance, helping hospitals to better forecast resource strains and plan proactive interventions to avoid bed crunches and meet increased demand efficiently to deliver the best patient care.
The manual inspection guidance systems at international borders around the world have many flaws that have resulted in nonstandard imports of food, pharmaceuticals, medical equipment, and the smuggling of illegal products. Unfortunately, the lack of structured inspection guidance systems has been one of the main causes for these health and safety issues.
Our AI driven inspection guidance system revamps the process of inspecting incoming imports with greater accuracy, providing border agents with insights and information while they are making the decision to inspect or release goods.
Smart Resource Planning
Through increased efforts in advanced analytics during the COVID-19 pandemic, our client wanted to leverage Intensive Care Unit (ICU) bed occupancy rates and related data to improve patient safety and quality of care nationwide. Our solutions assisted our client in developing a unique predictive model for ICU bed capacity in order to improve the safety and quality of care for patients across the country, and to better plan for ICU beds in order to avoid overcapacity.
Inspection Guidance Planning
We created an AI-powered clearance system for food, medical equipment, and pharmaceutical imports, as well as an inspection guidance platform and alert management system for our client’s food operations. Additionally, our NLU technology consolidated the names of production companies and ingredient names that existed as free-text in Arabic and English, which reduced human errors by using automatic detection of circular items. These solutions increased importer efficiency and directed their attention to higher sources of risk and potential malicious behavior in clearance requests. In addition, our solutions allowed them to detect approximately 35% of the items due to inconsistencies.
Today’s global public sector is struggling to compete with private tech companies that offer high quality services, ease of access, and user-friendly applications. To enhance the modern day consumer experience, our solutions have been actively serving the public sector with AI-driven decision support centers, simulation engines, and geospatial analytics platforms.
In order to ensure that governments can finance their debts and fund expenditures on time, accurate projection of cash flow is critical. This is also closely linked to monetary policy execution and is a vital component of strong public financial management.
Our AI-driven solutions create highly accurate, analytically-driven models that can be used to predict future cash-flow trends and result in great savings, efficiency, and enhanced planning and decision making.
Most of world’s data is unstructured, making it extremely difficult to manage. This causes businesses to deploy resources to sort through vast amounts of data, including redundancies , which often results in the underutilization of actual useful data.
Our AI-driven solutions and NLU technology classify textual data into multiple predefined classes, summarize passages of text, generate natural language text with information from various sources, and fetch the most relevant items from databases. Our AI solutions have proven their ability to simplify and streamline processes, recognize and correct errors, optimize resources and time management, and minimize human involvement in order to generate additional value in the form of productivity, resource efficiency, and operational capacity.
AI Decision Support Center
Our client wanted to create an AI decision support center to better govern its cash management plans. Their previous decision center relied on inefficient methods that could not ensure accurate decision-making. We delivered fully automated time-saving models, which improved their predictions significantly.
We identified more than 500 commercial registrations in our client’s databases that were not linked to the National Classification of Economic Activities and contained manually entered text describing activities. Our cutting-edge natural language processing techniques aided in the development of a more efficient commercial registration system that provides data and details for more than 1.5 million entities across the country. In doing so, we significantly reduced the amount of time and manpower needed to validate and map commercial registrations.