How EVO Banco Is Reinventing Fraud Prevention with Data Streaming & Machine Learning
EVO Banco is leveraging real-time data streaming and machine learning to enhance fraud prevention in its fully digital banking environment. By using Confluent Cloud for real-time transaction processing and Apache Spark for batch processing, the bank improved the accuracy of its fraud detection algorithms and reduced weekly fraud losses by 99%.
EVO Banco is leveraging real-time data streaming and machine learning to enhance fraud prevention in its fully digital banking environment. By using Confluent Cloud for real-time transaction processing and Apache Spark for batch processing, the bank improved the accuracy of its fraud detection algorithms and reduced weekly fraud losses by 99%.