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Skraiem07 / ElectroThunderFraud

MIT License
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Business Requirements #11

Open dharmateja-masetty opened 3 days ago

dharmateja-masetty commented 3 days ago

Aim: The challenge aims to detect and recognize clients involved in fraudulent activities.

Target: The solution will enhance the company’s revenues and reduce the losses caused by such fraudulent activities.

joaodefariajunior commented 3 days ago

  1. Reduction in Financial Losses:

    • Goal: Decrease annual financial losses due to fraud by 80%.
    • Impact: Potential savings of up to 160 million Tunisian Dinars annually.

  2. Enhanced Revenue:

    • Goal: Increase overall revenue by 10%.
    • Impact: Ensure accurate billing and improved financial performance.

  3. Improved Fraud Detection Accuracy:

    • Goal: Achieve a fraud detection accuracy rate of 95%.
    • Impact: Minimize false positives and negatives, leading to more effective fraud prevention.

  4. Operational Efficiency:

    • Goal: Automate 90% of the fraud detection process.
    • Impact: Reduce manual workload, enhance productivity, and allocate resources to strategic tasks.

  5. Customer Trust and Satisfaction:

    • Goal: Increase customer satisfaction ratings by 15%.
    • Impact: Fair billing practices and reduced erroneous accusations will build trust and improve customer relationships.