Major Bank Reduces Fraud by 65% with AI-Powered Detection
A leading national bank implemented VettlyGlobal's AI-powered fraud detection system to combat rising digital fraud. The results exceeded expectations with significant cost savings and improved customer trust.
Challenge
Rising digital fraud losses
Solution
AI-powered fraud detection platform
Results
- 65% reduction in fraud losses
- 40% faster detection time
- 95% accuracy rate
- $12M annual savings