Congratulations! Clari5 Customer Axis Bank Wins The Asian Banker OpRisk Technology Implementation of the Year Award. Among the prestigious global recognitions for risk management in financial services, the Asian Banker Risk Management Awards recognizes outstanding achievements of best run risk management teams in financial institutions globally.
The most prestigious recognition program for risk management in the financial services industry, The Asian Banker Risk Management Awards recognizes outstanding achievements of the best run risk management teams in financial institutions globally.
Non-performing assets is among the top pain points for financial institutions. AI and Machine Learning based technology can help banks with smarter NPA management.
Fintech has brought unprecedented disruption in the financial services ecosystem. While traditionally, fintech was used for back office banking operations, today it has DIY modes where customers rely less on a brick and mortar bank for their banking needs, and instead have a multitude of digital channels at their disposal. With 24/7 device-agnostic access, virtually every transaction is now digitally possible.
The use of hybrid fraud detection models to ensure high fraud detection rates with low false positives is a vital aspect of enterprise fraud management. A ‘hybrid’ fraud detection model comprises 4 primary techniques are used to accurately risk score every transaction and to advise the right action of whether to approve, decline or challenge the transaction in real-time with sub-second response time.
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