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Mike Daly

| less than a minute read

Fraugster v Fraudster

Impressive pedigree of founders suggests this is one AI, Machine learning based technology to watch 

“At Fraugster, we do not use any rules, models or pre-defined segments. We don’t use a single fixed algorithm to analyze transactions either. Our engine reinvents itself with every new transaction. This lets us understand transactions individually and therefore decide which one is fraudulent and which one isn’t. As a result, we can offer unprecedented accuracy and the ability to foresee fraudulent transactions before they happen”.

Tags

ai, machine learning, fintech, insurtech, analytics, big data