Application Fraud Case Study
Leading U.S. Credit Card Issuer Uses DataVisor’s Machine Learning Solution to Reduce Application Fraud Losses
For one leading U.S. credit card issuer, the situation was dire. Large financial losses from coordinated third-party and synthetic fraud. Delayed application approvals and costly manual reviews due to too many false positives. Skyrocketing operational costs and increasing friction for customers. Something had to be done.
Everything changed when the client chose DataVisor.
See How Our Client:
- Proactively captured coordinated and unknown fraud
- Created frictionless experiences for good customers
- Lowered false positives and boosted operational efficiency