Qorus-Infosys Finacle Banking Innovation Awards 2024

Project: AI Eagle Eye Fraud System Federated Learning (Eagle Eye)

Submitted by
premium
Q+
26/06/2024 Banking Innovation

About

Eagle Eye is Taiwan's first AI model for fraud prevention, designed to ensure customer financial safety. With an accuracy rate of up to 40.2%, Eagle Eye has significantly reduced false positives by 99%, providing an effective early warning system.

Want to keep reading?

Become a Qorus member to get access to all our innovations

Interested in learning more? Speak to Boris, Qorus's Content Lead

Qorus has a library of almost 8,000 innovation case studies across critical areas like customer experience, sustainability, marketing & distribution and more that can be used to inform your decision-making.
Contact us

Related innovations

28/06/2024 Banking Innovation

Fraud Controls on ENBD X

Protecting vulnerable customers from fraudsters through smart fraud controls

27/06/2024 Banking Innovation

ReFi Türkiye

ReFi Türkiye is a program that discovers the intersection of finance, technology and impact. the program involves content creation, hackathons,...

27/06/2024 Banking Innovation

TOT | Banking & Administration

The banking and financial management platform for SMEs

27/06/2024 Banking Innovation

Westpac SaferPay

An Australian-first innovation Westpac SaferPay alerts customers to potential scams through questions presented for new payments detected to have high...

Related news & insights

Embedded Insurance
26/06/2024 Article

Supercharging embedded insurance with AI will deliver a wealth of personalized services

Insurers that boost their embedded offerings with AI will be able to surprise and delight customers with on-demand services that...

Insurance
25/06/2024 Interview

Behind the gold: The success story of Zurich's WhatsApp claims chatbot

Rosa Narváez is Head of Service Strategy and Transformation at Zurich in Spain. She is the person behind the 'WhatsApp...

Digital Reinvention
24/06/2024 News

New Australian anti-scam sharing technology unveiled

This innovative system, developed with the Australian Financial Crimes Exchange (AFCX) and the National Anti-Scam Centre (NASC), allows banks, telecom...

Digital Reinvention
23/06/2024 News

NatWest launches Cora+, a Generative AI upgrade to digital assistant

This new version, introduced during London Tech Week, will make NatWest one of the first UK banks to deploy generative...