Case Study

Danske Bank Saves Millions Fighting Fraud With Deep Learning and AI

Danske Bank was dealing with increasingly sophisticated types of fraud. A low 40 percent fraud detection rate and up to 1,200 false positives per day convinced the bank to modernize its fraud detection defenses. Danske Bank applied innovative analytic techniques, including artificial intelligence, to better identify fraud while reducing false positives. The results were impressive, including saving tens of Euros each month.

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