Fraud detection

How can organizations leverage ServiceNow’s AI to improve loan servicing for customers?

As a critical function in banks, loan servicing involves managing and maintaining loans after the officer approves the loan and the customer gets the loan amount. In the banks that have good loan servicing process,…

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Analytics Applied — Fraud prevention and detection in the Banking sector

In a recent survey conducted by Deloitte on the Banking industry, 93% of the respondents indicated that fraud has grown in the last 2 years. Apart from the financial losses, these incidents leave a dent…

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