LeadCenter.AI

Oryx Cloud is a tool that uses AI to help businesses find and stop fraud. It can be used for: Here are some specific examples of how Oryx Cloud uses AI in its tools: Identify fraudulent transactions: Oryx Cloud employs machine learning to spot fraudulent transactions. It does this by examining information like transaction history, customer details, and device data. We analyze this data to find patterns linked to fraudulent transactions. Once we find these patterns, Oryx Cloud can use them to spot new transactions that are probably fake. Stop fraudulent transactions: Oryx Cloud has the ability to stop fake transactions by either blocking them or putting them on hold for further review. This is done by looking at the information connected to the transaction and comparing it to known patterns of fraud. If the transaction fits any of these patterns, Oryx Cloud will either stop it or put it on hold for further examination. Reduce false positives: Oryx Cloud can lower the number of incorrect alerts by using machine learning to understand the patterns of valid transactions. This is done by studying data from real transactions and finding the common patterns in these transactions. Once we find these patterns, Oryx Cloud can use them to recognize new transactions that are probably real. This can help make sure that real transactions are not stopped or delayed. Improve customer experience: Oryx Cloud can improve how customers feel by giving businesses instant notifications about possible fraud. This is done by looking at the information from a transaction and comparing it to known patterns of fraudulent transactions. If the transaction fits one of these patterns, Oryx Cloud will notify the business. This notification will give the business details about the transaction, like how much money was involved and what kind of transaction it was. This information can help the business to stop fraud before it happens. Comply with regulations: Oryx Cloud can assist businesses in following rules by giving them the information they require to show that they are following the rules. The data can have info about transactions that Oryx Cloud found to be fake, and also info about what businesses did to stop fraud. This information can assist businesses in showing regulators that they are actively working to stop fraud and following regulations. In general, Oryx Cloud’s AI tools can assist businesses in enhancing their ability to detect and prevent fraud in different ways.