Resistant.AI, a company that uses machine learning to detect and prevent financial crime, recently announced that U.K. online mortgage site client Habito has claimed a “30% improvement in fraud detection.” Resistant Al performs forensic analysis on every client interaction to find document fraud, serial fraud, fake identities, bots, account takeovers, money laundering, and other unknown financial threats. In the case of Habito, the AI proved its ability to reject applications that showed “obvious attempts at fraudulent manipulation”.
AI Makes Inroads into Mortgage Fraud Detection
