IRIS Analytics GmbH specializes in developing advanced financial crime prevention software solutions designed to protect large volumes of payments globally. Their technology integrates leading artificial intelligence with real-time processing capabilities, enabling the detection and prevention of fraudulent activities across various payment channels, including credit, debit, prepaid, online, and mobile transactions. By processing thousands of payment requests per second and computing hundreds of behavioral features within milliseconds, IRIS Analytics ensures rapid and accurate fraud detection, resulting in significantly reduced fraud losses and minimal false positives. Key Features and Functionality: - Real-Time Processing: Capable of handling thousands of payment requests per second, providing immediate fraud detection and response. - Advanced AI Integration: Utilizes AI tools from industry leaders such as IBM, Microsoft, Google, and AWS to enhance fraud detection capabilities. - GenAI Rule Creation: Employs a Generative AI approach to develop fraud detection rules from data, allowing experts to swiftly adapt to emerging fraud patterns. - Comprehensive Fraud Prevention Services: Offers personalized risk assessments, strategic roadmaps, customized solution deployment, and continuous monitoring to ensure effective fraud prevention. Primary Value and User Solutions: IRIS Analytics addresses the critical need for robust and efficient fraud prevention in the financial sector. By combining deep expertise in payment fraud prevention with cutting-edge AI and real-time processing, their solutions empower financial institutions to safeguard their operations against a broad spectrum of fraudulent activities. This not only protects the institutions' assets but also enhances customer trust and compliance with regulatory requirements. The company's commitment to delivering tailored solutions ensures that clients receive optimal protection aligned with their specific needs and operational environments.