AI Fraud Detection & Risk Scoring Workflow
Detect Financial Fraud and Assess Transaction Risk in Real Time
Use Kriatix’s AI engine to monitor transactions, flag anomalies, and assign risk scores to prevent fraudulent activities before they occur.
See AI Fraud Detection & Risk Scoring Workflow In Action
The AI Fraud Detection & Risk Scoring Workflow continuously monitors customer transactions and behavioral data to identify patterns of potential fraud. It analyzes parameters like transaction velocity, geolocation, device data, and account behavior to assign a real-time risk score for each activity. This allows fintech companies and banks to prevent suspicious actions, reduce chargebacks, and ensure compliance with AML (Anti-Money Laundering) standards.
🔹 AI-powered real-time fraud detection
🔹 Risk scoring based on transaction behavior
🔹 Integrates seamlessly with payment gateways and banking APIs
What Is the AI Fraud Detection & Risk Scoring Workflow?
This workflow combines anomaly detection, behavioral analytics, and machine learning to proactively identify fraudulent transactions.It compares each event against customer historical data and global fraud patterns.
Alerts are generated with a confidence score, enabling teams to investigate or block risky actions instantly.
Who Is It For?
| Role | How They Benefit |
|---|---|
| Risk Analysts | Identify fraudulent transactions automatically |
| Compliance Officers | Maintain AML and KYC compliance with real-time alerts |
| Payment Gateways | Reduce chargebacks and fraudulent transactions |
| CFOs / FinTech Leaders | Gain visibility into risk exposure |
| Developers/Product Teams | Embed AI-based risk scoring into existing payment flows |
Key Features
- Anomaly Detection Engine: Detects suspicious behavior using machine learning models.
- Risk Scoring Model: Assigns confidence-based risk scores to every transaction.
- Alert Dashboard: Provides real-time fraud detection and case management.
- Data Correlation Engine: Analyzes cross-account or cross-device patterns.
Benefits
- Detect fraud within milliseconds of occurrence
- Reduce financial losses and false positives
- Strengthen AML/KYC compliance
- Automate risk evaluation without human intervention
- Integrate AI directly into transaction pipelines
How It Works
- Connect payment or transaction APIs to the Kriatix Risk Engine.
- Import historical transaction and customer data for training.
- Set up risk thresholds and alert configurations.
- Start real-time scoring with dashboard monitoring.
Add-ons & Integrations
- Payment Systems: Razorpay, Stripe, PayU, Cashfree
- Banking APIs: NPCI, UPI, VISA, Mastercard
- Analytics Tools: Power BI, Splunk, Elastic
Deployment & Access
-
- On-premise or cloud-based deployment
- Admin and compliance dashboards
- Role-based access and audit trails
What Our Partners Are Saying
"Company AI-powered interfaces have been praised for their usability ,Through exhaustive research and advanced automation, Kriatix made the application fluid, accessible, and future-ready for all users. The team adapted quickly to deliver complex AI-driven tasks and independently developed creative, detailed solutions. Their AI chatbot services stood out in particular — seamlessly integrating conversational AI that enhanced user engagement and streamlined support."
Amit Kumar
Co-Founder, Venture Transform Strategy Consulting LLP
"Kriatix.ai delivered the AI-powered application on time, leveraging Agile methodology to ensure flexibility and efficiency. The team conducted bi-weekly demos, keeping the project transparent and aligned with our goals. Using Jira, GitHub, and Slack, they maintained flawless communication and streamlined project management.Their integration of AI chatbots for real-time feedback loops accelerated our release cycle by nearly 25% and reduced manual validation efforts by 40%, resulting in a smoother, faster, and higher-quality delivery."
Sumit Kumar
CEO, HImalayan Basket Private Limiteds
"The AI-powered website delivered by Kriatix.ai is both visually appealing and high-performing they built a website that not only impressed us with its sleek design but also outperformed our expectations in speed and functionality. Their team worked as true partners—creative, experienced, and highly attentive to every detail.By integrating AI personalization and intelligent chatbots, the website now adapts to user behavior in real time, leading to a 35% increase in engagement and a 25% reduction in support queries."
Sneha Das
CEO, Ittisa
"Kriatix.ai completed the deliverables with excellence, often going the extra mile by suggesting AI-driven alternatives to our change requests. The workflow was seamless, with the team being timely and proactive in addressing every issue. They set realistic expectations, built intelligent automation into our processes, and delivered results with superb quality.Their AI chatbot integration not only streamlined support but also improved responsiveness, ensuring our users always received accurate and instant assistance."
Gururaj Mahale
Director of Growth Marketing, SYNERGOS
Frequently Asked Questions
Can it detect new types of fraud?
Yes. The AI model learns continuously from new data and behaviors.
Is it suitable for small fintechs?
Yes. It scales dynamically with transaction volume.
How fast are alerts generated?
Typically within 1–3 seconds of event detection.
Can it integrate with existing fraud systems?
Yes. It can act as an intelligence layer or standalone module.
Is it regulatory compliant?
Yes. Designed to align with AML, PCI-DSS, and RBI guidelines.
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