The "Fifteenth Financial CIO Forum" hosted by CIO Times Academy was held in Beijing. SUMEI Technology was invited to attend and delivered a speech entitled "Financial Anti-fraud Services in the Intelligent Era".
SUMEI believes that with the rise of Internet finance, it has brought users more convenient payment, financial management and other services, but it also faces more risks. Such as credit risk control, false user fission, false channel flow, etc. Every year due to illegal production, the financial industry loses nearly 100 billion annually, and enterprises and institutions face increasing anti-fraud costs.
Fraud is a big problem faced by all walks of life, especially in the financial industry. Internet financial platforms are fighting against fraudulent behaviors all the time. The wool party, scammers, loan fraudsters, and loan intermediaries are all staring at the big cake of Internet finance .
Statistics show that there are currently more than 1.5 million people in the black industry in China, and the market scale is as high as 100 billion, showing the characteristics of specialization and ganging. They have professional teams and machines to carry out all kinds of fraudulent activities, and the division of labor is clear, from the forgery of identity information, the packaging of maintenance numbers, the provision of software and hardware, the detection of risk control loopholes, and the implementation of fraudulent activities. Industry chain.
In the view of Sumei Technology , not only Internet financial platforms, but also traditional banking Internet transformation, securities, insurance and other industries are also facing these risks. Regardless of whether it is the credit risk of the financial business itself or the risk of marketing promotion, risk responders need to adopt a full-stack real-time anti-fraud response.
Shumei Technology provides full -stack real-time anti-fraud services such as a full - link real-time deployment control system, a full-scale strategy system, a full-network risk profile system, and a full-process operation system , which are suitable for common financial industries such as credit risk control, anti-fraud, and marketing anti-fraud. Fraud scenario.
In the past few years, the fraud of the black industry has caused deep pain in the financial industry: in May 2018, a certain credit card was collected 2.5 billion in 5 hours; in December 2017, a billion red envelope activity of a certain treasure, someone instantly collected 1.37 million.
There are countless cases, which are thought-provoking. When the financial platform is doing marketing activities to pull new retention, false registration, false business and other behaviors have caused marketing expenses to be defrauded, and anti-fraud is a top priority.
"SUMEI Technology Skynet's full-stack real-time anti-fraud is a unique global time-domain correlation network. It uses risk propagation algorithms for many times, topological analysis and black industry community discovery, and real-time tracking of potential new types of fraud. In helping financial platforms improve customer acquisition efficiency At the same time, it can optimize user experience and reduce operating costs." Sumei Technology emphasized.
In the device startup link, the SDK of Sumei Technology is embedded on the platform , which can effectively identify whether the device is a virtual machine, tampering with the device, etc.;
in the registration and login link, Sumei Technology provides a registration login interface that can register risk, batch registration, Abnormal login behaviors provide effective defense;
in the income withdrawal link, SUMMIT combines the above links to conduct correlation and analysis, conduct risk determination, and provide strong evidence to identify black production in the final withdrawal link. In order to better show you the effect of Sumei Technology's full-stack real-time anti-fraud, we have selected three customer cooperation cases for your analysis.
Case 1: A large-scale third-party payment platform in China
The company faced the problem of false new recruiting scenes and scalping wool scenes when recruiting new users: old users invited new users, and each invited new users received a red envelope of 8 yuan, and the amount increased as the number of people increased, and there was an additional bonus. Black products register in batches, invite friends, and get a lot of red envelopes; new and old users can receive red envelopes when they sign in and do tasks every day. At the same time, there is a chance to draw a lottery, the highest value is 2019.
How to solve these two problems? Sumei Technology Skynet's full-stack real-time anti-fraud, combining equipment risk identification, behavioral risk identification, and associated risk identification, and using the entire network risk profile data, greatly reduces fraud losses. 99% of fraudulent accounts were intercepted and the platform reduced losses by an average of 5 million per month.
Case 2: A large-scale Internet finance in East China
The corporate credit business is facing malicious fraud: As the company conducts business first, it lacks a large amount of customer credit data, which makes risk control difficult. The company conducts micro-loan business, with a monthly loan of 1 billion +, cash instalment of 10,000 to 50,000, which can be divided into 3-12 periods, and faces a large number of malicious frauds.
How to solve the problem of customer credit analysis? Through the full-stack real-time anti-fraud of Sumei Technology Skynet, the corporate bad debt rate was reduced by 38%, the pass rate was increased by 27%, and the average daily application call volume was 30,000.
Case 3: A large insurance company
In order to promote insurance services, insurance companies carry out online marketing activities. Users can register and log in to do tasks to earn points, which can be exchanged for real goods in a lottery. The SMS channel was maliciously swiped, resulting in loss of SMS fees and affecting normal users' receiving SMS.
With the help of Shumei Technology Skynet's full-stack real-time anti-fraud, malicious text messages were intercepted by 99%, reducing losses by about 1 million per month.
As a leading artificial intelligence anti-fraud service provider, Sumei Technology has applied artificial intelligence to the field of Internet financial risk control with its strong technical strength, strong technology team, excellent service quality and innovative product system, greatly improving financial risk control The efficiency and accuracy of the company have helped many well-known financial institutions achieve financial risk control upgrades.
Such as China UnionPay, China CITIC Bank, Jiufu, Renrendai, Paipaidai, CreditEase, Baidu Finance, 51 Credit Card, etc. In the future, Sumei Technology looks forward to working with more financial companies to build an intelligent risk control system and promote the development of the financial industry together.