AI Use Case
Detect invoice redirection fraud
Invoice redirection fraud takes place when criminals contact a business claiming to be from one of their suppliers, saying that they have changed bank and requesting that an invoice is paid into a different account.
Cost - Fraud reduction
Royal Bank of Scotland~RBS identifies invoice fraud saving £7 million of losses to customers with artificial intelligence
Structured / Semi-structured
Machine Learning (ML),ML Task - Grouping - Anomaly Detection