SAS® DETECTION AND INVESTIGATION

Reduce fraud losses. Increase revenue. Enhance operational efficiency.

Take a unique, hybrid approach to fraud detection and prevention.

Detect more fraud – before losses occur.

Our fraud detection and investigation software consolidates massive amounts of data from internal and external sources, and a powerful fraud analytics engine processes all data (not just a sample) in real time or in batch. A unique, hybrid analytic approach uses multiple techniques – automated business rules, predictive modeling, text mining, database searches, exception reporting, network link analysis, etc. – to detect more fraud with greater accuracy. Advanced analytics with embedded AI and machine learning techniques, combined with traditional detection methods, can identify known and unknown patterns, as well as evolve and adapt over time.

Gain a consolidated view of fraud risk.

Identify cross-brand/product fraud by seeing all associated customer information across all lines of business in one consolidated view. A unique visualization interface lets you spot linked entities and crime rings that you would otherwise miss. Social network diagrams and sophisticated data mining capabilities enable you to better understand new fraud threats, so you can prevent substantial losses early. And stay on top of changing fraud trends by continuously improving models and adapting the system.

Increase operational efficiencies.

The solution applies risk- and value-based scoring models to accurately score and prioritize alerts before they go to investigators. Advanced case management tools help streamline investigations and boost investigator efficiency. With the time saved, investigators can work more cases with greater effectiveness, and focus on higher-value networks that generate a better ROI. More accurate scoring also means fewer false positives – and that translates to less customer inconvenience and greater customer satisfaction.

KEY FEATURES

A powerful fraud analytics engine uses multiple techniques, including advanced analytics with embedded artificial intelligence (AI) and machine learning, to uncover more suspicious activity than ever before. Alerts are scored and prioritized based on severity, then routed to investigators or analysts for a more in-depth review.

Data management

Integrates data from any internal or external source – watch lists, third parties, unstructured text, etc. – regardless of system or format, and integrates seamlessly with existing rules engines.

Advanced analytics with embedded AI

Provides a broad set of advanced analytic and AI techniques, including modern statistical, machine learning, deep learning and text analytics algorithms.

Rule & analytic model management

Includes prepackaged heuristic rules, anomaly detection and predictive models, and lets you create and logically manage business rules, analytic models, alerts and watch lists.

Detection & alert generation

Enables the systematic detection of suspicious activity using a fraud scoring engine that that combines business rules, anomaly detection and advanced analytics to score transactions in real time.

Alert management

Combines alerts from multiple monitoring systems, associates them with common data and gives investigators a more complete perspective on risk associated with individuals or groups.

Social network analysis

Provides a unique visualization interface that lets you go beyond transaction and account views to analyze related activities and relationships at a network dimension.

Search & discovery

Lets you perform free-text, field-based or geospatial searches across all internal and external data, and refine searches using interactive filters.

Intelligent case management

Systematically facilitates investigative reviews using a configurable workflow, and stores all information pertinent to a case.

Flexible deployment options

Enables you to choose the deployment option that works best for you – complete hosting by SAS, deployment at your site or a combination of the two.

Explore More on SAS® Detection and Investigation

WHITE PAPER

 

Operationalizing Analytics for Intelligent Fraud Detection and Case Management

This paper discusses today's fraud challenges and the role advanced analytics can play in the solution.

CUSTOMER STORY

 

Uncovering Social Service Fraud Saves Millions, Reinforces Public Trust

Discover how Los Angeles County uses SAS to detect fraud, resulting in fewer losses, lower investigative costs and greater confidence from citizens.

INSIGHTS

 

Fraud & Security Intelligence Insights

Get the latest fraud and security intelligence news, views and best practices from the brightest minds in the business.

Connect with SAS and see what we can do for you.

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