Post by account_disabled on Jan 2, 2024 1:43:30 GMT -6
Citibank Introducing the use of "Citi(R)Payment OutlierDetection" (Citi(R)Payment OutlierDetection), an innovation that improves transaction security and cash flow management. Through the application of AI and machine learning in processing and check for suspicious payment transactions Compare and improve the system for detecting differences. and changes in payment behavior from various payment items from customer information history automatically With a timely notification system Before the payment order occurs This will help strengthen transaction verification. Including reducing the risk from unusual payment transactions. that risks causing damage to the business It is currently available in 90 countries around the world. The system is available on online transaction platforms for the bank's institutional clients, including CitiDirect BE and CitiConnect, with the development of the Business Money Management division. Mr. Manish Kohli, Regional Head, Global Market Group Payment system work group and receiving payment Business Financial Management.
Division Citibank said that amid the rapid growth in the use of automated transactions and digital banking, comes with threats and cyber theft on the rise and the process is more complicated Upgrading protection measures and inspect transactions more stringently Including the need for fast online payment transactions. This is a major challenge for banks today. especially with corporate customer groups which must manage the flow of money for a large number of trading businesses Mr. Manish added that Citibank Therefore, the service has been developed through the use of the Citi(R)Payment WhatsApp Number List Outlier Detection system on the bank's online transaction platforms, such as CitiDirect BE and CitiConnect, which have The highlight comes from the application of artificial intelligence (AI) and machine learning (Machine Learning) to learn the behavior of customers in various forms of ordering and payment transactions, then study and compare and improve the system to detect differences. and changes in payment behavior from various payment items in the past of customers automatically If there is an unusual payment, the system will notify you in a timely manner. Before the payment order occurs This will help strengthen transaction verification. Including reducing the risk from unusual payment transactions.
that risks causing damage to the business Including new features Respond to customer service needs to the utmost, such as linking the sending of payment orders that corresponds to the order receiving time. Increase the efficiency of analysis processing and adding options for determining payment rights, etc. before starting the actual use of the system all over the world Citibank It has piloted its use with more than 20 world-class institutional customers, who have received good responses to the latest service. And you can rest assured that Citi Payments Outlier Detection will raise the level of cash flow management services. Answers comprehensive usage needs for customers' businesses. To be ready to develop and expand growth into markets around the world in the future, Mr. Manish concluded. Mr. Patrick O'Neill, Executive Vice President Business Financial Management Division Citibank Thailand said Citi Payments Outlier Detection was developed by the Citi Innovation Lab in Dublin. Ireland By collaborating with Feedzai, a leader in AI innovation for real-time risk management, currently in the process of integrating Feedzai's transaction monitoring platform. which received the global innovation award (2018 TMI Awards for Innovation and Excellence) to increase service potential for customers. Currently, the system is starting to provide service to Citi customers in more than 90 countries around the world. Including Thailand and will help improve the safety.
Division Citibank said that amid the rapid growth in the use of automated transactions and digital banking, comes with threats and cyber theft on the rise and the process is more complicated Upgrading protection measures and inspect transactions more stringently Including the need for fast online payment transactions. This is a major challenge for banks today. especially with corporate customer groups which must manage the flow of money for a large number of trading businesses Mr. Manish added that Citibank Therefore, the service has been developed through the use of the Citi(R)Payment WhatsApp Number List Outlier Detection system on the bank's online transaction platforms, such as CitiDirect BE and CitiConnect, which have The highlight comes from the application of artificial intelligence (AI) and machine learning (Machine Learning) to learn the behavior of customers in various forms of ordering and payment transactions, then study and compare and improve the system to detect differences. and changes in payment behavior from various payment items in the past of customers automatically If there is an unusual payment, the system will notify you in a timely manner. Before the payment order occurs This will help strengthen transaction verification. Including reducing the risk from unusual payment transactions.
that risks causing damage to the business Including new features Respond to customer service needs to the utmost, such as linking the sending of payment orders that corresponds to the order receiving time. Increase the efficiency of analysis processing and adding options for determining payment rights, etc. before starting the actual use of the system all over the world Citibank It has piloted its use with more than 20 world-class institutional customers, who have received good responses to the latest service. And you can rest assured that Citi Payments Outlier Detection will raise the level of cash flow management services. Answers comprehensive usage needs for customers' businesses. To be ready to develop and expand growth into markets around the world in the future, Mr. Manish concluded. Mr. Patrick O'Neill, Executive Vice President Business Financial Management Division Citibank Thailand said Citi Payments Outlier Detection was developed by the Citi Innovation Lab in Dublin. Ireland By collaborating with Feedzai, a leader in AI innovation for real-time risk management, currently in the process of integrating Feedzai's transaction monitoring platform. which received the global innovation award (2018 TMI Awards for Innovation and Excellence) to increase service potential for customers. Currently, the system is starting to provide service to Citi customers in more than 90 countries around the world. Including Thailand and will help improve the safety.