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IBM Research - Haifa

Detecting Fraud in Financial Transactions (DRIFT)

Overview

Detecting fRauds In Financial Transactions (DRIFT) includes our activities in fraud identification in diverse financial transactional channels. DRIFT currently offers solutions for detecting fraud in Credit Card, ATM, and Automated Clearing House (ACH) channels. DRIFT solutions monitor transactions either online or in batch and assign a fraud score to each transaction. Those scores, which represent the likelihood of each transaction being fraudulent, can then be used directly or integrated into the Customer's IT. In addition, DRIFT offers several unique features, including optimized value recovery, pre-fraud detection, and capabilities of integration over existing fraud systems. For more information see Brochure.

See the clip: Foiling financial fraud

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Contact: Ofer Lavi (oferl@il.ibm.com)