
Real-time Fraud Detection System
Advanced fraud detection system using deep learning that reduced false positives by 40% while maintaining 99.8% accuracy.
Project Overview
Developed a state-of-the-art fraud detection system using deep learning and anomaly detection techniques. The system analyzes transaction patterns, user behavior, and network effects to identify fraudulent activities in real-time.
The solution combines multiple neural network architectures including autoencoders for anomaly detection, graph neural networks for relationship analysis, and recurrent networks for sequence modeling. The system processes over 100,000 transactions per minute with millisecond-level response times.
The fraud detection system has been deployed across multiple financial institutions, preventing over $50M in fraudulent transactions while significantly reducing false positive rates that impact legitimate customers.
Key Features
- Real-time transaction scoring with <10ms latency
- Graph-based analysis of transaction networks
- Adaptive learning from new fraud patterns
- Explainable AI for fraud investigation teams
- Multi-layered detection using ensemble methods
- Automated model retraining and deployment
- Integration with existing banking systems and APIs
Technologies Used
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Project Details
Client
Financial Services Corp.
Timeline
8 months (Q2 2021 - Q1 2022)
Role
Lead Data Scientist
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