💳 FinTech

FinTech Mobile App with AI Fraud Detection

Securing financial transactions with real-time AI fraud detection, preventing $2M+ in fraudulent transactions.

ClientPaySecure India
IndustryFinancial Services
Duration7 Months

Project Overview

PaySecure India, a growing digital payments company, needed a mobile app that could handle high-volume transactions while detecting and preventing fraud in real-time. With increasing cyber threats, they required military-grade security without compromising user experience.

The Challenge

  • Rising fraud losses of $200K+ monthly
  • High false positive rate blocking legitimate transactions
  • Need for sub-second fraud detection
  • PCI-DSS compliance requirements
  • Support for 50K+ concurrent users
  • Integration with multiple banking APIs

Our Solution

  • Real-time Fraud Detection: ML model analyzing 100+ transaction signals in under 50ms
  • Behavioral Biometrics: User behavior patterns for continuous authentication
  • Device Fingerprinting: Advanced device identification and trust scoring
  • Secure Architecture: End-to-end encryption with HSM integration
  • Smart Notifications: AI-prioritized alerts for suspicious activity

Results

$2M+Fraud Prevented
99.9%Uptime
50K+Active Users
50msDetection Time
  • Fraud losses reduced by 95%
  • False positive rate reduced from 8% to 0.5%
  • User satisfaction score of 4.8/5
  • PCI-DSS Level 1 compliance achieved

Client Testimonial

★★★★★

"The fraud detection system has been phenomenal. We've prevented millions in potential losses while maintaining a seamless user experience. Our customers trust us more than ever."

RG

Rahul Gupta

CTO, PaySecure India

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