Big Data MTS has created a system for banks to repel fraud attempts at first

MTS presented a solution to combat telephone fraud, which helps banks initially assess risks and prevent suspicious activities.

Using this technology, the accuracy of tracking fraudsters increased by 45%. A large bank was one of the first to implement it.

Previously, banks used fraud intelligence only after transactions were completed. The new Big Data system MTS Scoring allows you to instantly report risks, which helps prevent the issuance of loans and suspicious transactions without additional verification of the client.

The innovation uses machine learning to analyze the actions of fraudsters in real time and updates the data daily. This helps banks quickly respond to threats and adapt to changes.

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We are confident that our solution will be a necessary step in the fight against fraud. Thanks to the introduction of a new anti-fraud solution and its work in the near future, we can not only increase customer security, but also change the approach of banks to risk management. We plan that the solution will work with other banks to protect the maximum number of citizens from possible losses.

— Director of the MTS Big Data Center Maxim Sinyakov

In the second quarter of 2024, attackers stole 4.8 billion rubles. This is 25% higher than last year’s average. The MTS system allows banks to create personalized Diptych parameters, reducing the risk of losses, improving reputation and increasing the efficiency of the security service. Clients connected to the system receive protection from suspicious transactions.

MTS continues to develop security solutions and create an ecosystem where private and corporate clients feel protected.