Fraud Detection Workflow
1. Transaction Monitoring
- Unusual sizes relative to user baseline
- High-frequency bursts
- Risky cross-border corridors
- Time anomalies (e.g., midnight activity)
Simpo: real-time risk scoring on each API call (low/medium/high).
2. Customer Behavior Analytics
- Sudden pattern shifts
- New device or IP
- Multiple failed auth attempts
Simpo: per-user baselines with deviation flags.
3. Device & Identity Intelligence
- SIM swaps, rooted devices, device changes
- Repeat signups from same device/IP
- Synthetic identities (similar KYC across accounts)
Simpo: cross-client shared fraud intelligence.
4. Network & Account Linkage
- Exposure to flagged counterparties
- Circular flows
- Collusion rings
Simpo: graph analysis to surface hidden rings.