TODO1 built an anti-fraud profiler to deal with transactional fraud mitigation in the digital interactions between financial institutions and their customers.
- One platform to accomplish everything, including REST API support
- Self-documenting to ensure transparency of processes
- A good price
- Fraud data is hard to get
- Real-time responses are difficult to achieve (<100ms)
- Downtime was not an option
- Running load balancer
- 4 x KNIME Server Large
- Rabbit ML
- 2 x KNIME Executors
With the system in production in the cloud and fully operational within 3 months it accomplished:
- 650+million transactions with no downtime.
- Overall improvement of +100% fraud detection rates
- Round trip median time of approx. 100 ms. (That’s impressive!)