This presentation provides an overview of the potential threats associated with fraud detection in banking, the benefits of using RPA to identify fraudulent transactions, and how RPA simplifies fraud detection. With the help of RPA, banks have the opportunity to reassess their fraud detection process, eliminate manual errors, and improve trade monitoring. If you are looking for more information about fraud detection in banking, read this presentation now to learn more.

1. Making Trade Monitoring Better with RPA in
Fraud Detection
Hyperautomation Solutions... Not just a platform
Identify Fraudulent Transaction with RPA in Banking

2. Potential Threat with Fraud
Detection in Banking
Customer data collected from the retail, capital, and commercial
banking is both sensitive and vulnerable to possible cyber threats.
And this might leads to-
• Data loss and theft issues
• Fraudulent Risk
• Claims processing challenges
• Challenge in data record management
Hyperautomation Solutions... Not just a platform
As per the E-commerce report, around 17.46% of all
global transactions were potential fraud in banking
services. Also the banking customers and
organisations have witnessed nearly 19.66% of
duplicitous transactions in the same period

3. Banking service agents often find it challenging to keep
track the transactions occur on every single day and
verify & monitor the data that come from multiple
resources. But, using RPA in this process can
accelerate the fraud detection all across the banking
process with real time monitoring and data verification
at each step of banking process.
Why use RPA to Identify
Fraudulent Transactions?
Hyperautomation Solutions... Not just a platform

4. How RPA Simplify Fraud
Detection?
To arrest fraudulent activities that can entail the firm
to abandon their paper-pen approach to validating
every customer documentation RPA is indeed the
answer. RPA can-
• Automate manual receiving and addressing fraud
claims
• Identify the fraudulent charges
• Maintain detailed audit trail
• Alert customer on failed transactions
• Monitor transactions and data collected from
process
Hyperautomation Solutions... Not just a platform

5. Benefits of RPA
in Fraud Detection
From data record monitoring to keeping track of data
entering for audit management, RPA help banking
organization leverage several benefits. And these are-
• Reassess fraud detection process
• Eliminate manual errors
• Improve trade monitoring
• Manage claims calculation better
• Remove temporary blocks in account monitoring
Hyperautomation Solutions... Not just a platform

6. Hyperautomation Solutions... Not just a platform
www.AutomationEdge.com