instant fraud detection using fado...dragos dancila associate professor at uppsala university...
TRANSCRIPT
![Page 1: Instant Fraud Detection using FADO...Dragos Dancila Associate Professor at Uppsala University dd@fado.io Finding anomalies on the fly Finding anomalies on the fly Title fado_sep2020](https://reader035.vdocuments.us/reader035/viewer/2022081411/60a94dc323b692037e123c1c/html5/thumbnails/1.jpg)
Instant Fraud Detection using FADOEst. 2018
![Page 2: Instant Fraud Detection using FADO...Dragos Dancila Associate Professor at Uppsala University dd@fado.io Finding anomalies on the fly Finding anomalies on the fly Title fado_sep2020](https://reader035.vdocuments.us/reader035/viewer/2022081411/60a94dc323b692037e123c1c/html5/thumbnails/2.jpg)
Problem:On-prem. vs. Cloud:
• Legal headache
• Vulnerability
• Full control
• Latency
>>> FADO=100% local
Trust Trust
>>> Instant fraud detection
![Page 3: Instant Fraud Detection using FADO...Dragos Dancila Associate Professor at Uppsala University dd@fado.io Finding anomalies on the fly Finding anomalies on the fly Title fado_sep2020](https://reader035.vdocuments.us/reader035/viewer/2022081411/60a94dc323b692037e123c1c/html5/thumbnails/3.jpg)
Our solution:
First Line of Defence = FADO
Augmenting transactions directly / locally with a trust index (ISO 20022)
![Page 4: Instant Fraud Detection using FADO...Dragos Dancila Associate Professor at Uppsala University dd@fado.io Finding anomalies on the fly Finding anomalies on the fly Title fado_sep2020](https://reader035.vdocuments.us/reader035/viewer/2022081411/60a94dc323b692037e123c1c/html5/thumbnails/4.jpg)
Investment:
• 11 months (2021: Q1, Q2, Q3, Q4)
• 4mSEK
• IP strategy
Near-future:
• Trust breakdown
• COVID19 accelerates the digital rush
• AI / ML solution for AML
• Integration vs. disruption
![Page 5: Instant Fraud Detection using FADO...Dragos Dancila Associate Professor at Uppsala University dd@fado.io Finding anomalies on the fly Finding anomalies on the fly Title fado_sep2020](https://reader035.vdocuments.us/reader035/viewer/2022081411/60a94dc323b692037e123c1c/html5/thumbnails/5.jpg)
10 ep
100 ep
3 ep
30 ep
2022 2026 2030
2021
2020 Q4 2021 Q1 2021 Q2 2021 Q3 2021 Q4
4 mSEK
![Page 6: Instant Fraud Detection using FADO...Dragos Dancila Associate Professor at Uppsala University dd@fado.io Finding anomalies on the fly Finding anomalies on the fly Title fado_sep2020](https://reader035.vdocuments.us/reader035/viewer/2022081411/60a94dc323b692037e123c1c/html5/thumbnails/6.jpg)
Team:
![Page 7: Instant Fraud Detection using FADO...Dragos Dancila Associate Professor at Uppsala University dd@fado.io Finding anomalies on the fly Finding anomalies on the fly Title fado_sep2020](https://reader035.vdocuments.us/reader035/viewer/2022081411/60a94dc323b692037e123c1c/html5/thumbnails/7.jpg)
Questions?- RT payment universe?- Instant fraud detection?- Value proposal?- Ask?
ROI?