Case Study – An innovative American financial technology company overcomes fraudsters mass registering fraudulent new accounts and then requesting loans that were never paid back
Double-dipping fraud - or multiple-payouts for the same incident - has cost insurers billions of dollars, and we do not even know how much. That is about to change.
MoData is proud of our association with ATMIA and the innovative solutions we deliver to the banking and financial services industries, most importantly, our use of artificial intelligence and machine learning for accurate and cost-saving cash forecasting for ATMs.
With COVID-19, we have become physically distant and wary of handling documents. This has affected our decision making, customer service, and overall organizational efficiency.
RPA has emerged as a critical requirement for banks to optimize their processes, reduce their operational costs, and help them deliver exceptional customer experience.