Identity theft and synthetic ID fraud: €45bn lost to credit fraud in 2023.
1% of fraud losses
If financial fraud was a country
it would be the #5
As our lives move increasingly online, credit fraud continues to rise and become more sophisticated. Existing detection systems must evolve towards innovative real-time models that use artificial intelligence.
Objective: (Really) Know Your Customer!
Augment your existing systems with Bleckwen Credit Fraud Services: Using advanced AI and machine learning modules, it models the specific behaviour of your customers to detect fraud hidden deep in your data.
Any suspicious activity comes with a report outlining the reasons it was flagged as fraudulent.
We return fraud scores to first validate healthy transactions and flag those that require further investigation.
A SaaS API collects anonymised credit applications and returns scores with corresponding explanations.
Machine Learning learns from your organisation’s historical data to produce an optimised, bespoke solution.
AI analyses credit history to generate scores that minimise false positives.
Does not add any friction to your existing customer relationship processes.
1 euro spent saves 5 euros in fraud
Means less need for manual reviews
"We were won over by Bleckwen's approach and the simplicity with which we were able to collaboratively build a bespoke solution in pilot projects. We were able to trust the system, and, in the space of 6 months alone, Bleckwen's API enabled us to avoid €1.8 million in fraud."
Connect to the Bleckwen API and get scores and explanations in real-time directly inside your case management solution.
1 month: Ingest
We recover your historical data and train our machine learning models
2 months: Connect
Connect to the Bleckwen API and get real-time scoring and explanations
First dashboards available to check performance
3 months: Score
Inject scores and explanations into your tools and processes