Which platform launched an advanced fraud detection system with machine learning and real-time monitoring?

A)
PhonePe
B)
Paytm
C)
Paisabazaar
D)
Policybazaar

Correct Answer :   Paisabazaar


* Paisabazaar launched an advanced fraud detection and prevention system leveraging machine learning and real-time monitoring.

* The system employs an internal risk-scoring mechanism to categorize users into low, medium, or high-risk groups.

* High-risk consumers are restricted from accessing offers, while medium-risk users are monitored for fraudulent behaviour.

* This initiative demonstrates Paisabazaar's commitment to enhancing security and trust in financial transactions, ensuring safer user experiences.

Published On : November 28, 2024