Case Study: TODO1 boosts fraud detection and processes 650+ million transactions with KNIME

How TODO1 Services mitigated transactional fraud using KNIME

TODO1, a financial services company, needed a way to mitigate transactional fraud in digital interactions between financial institutions and their customers. Working with KNIME, they set out to build an anti-fraud profiler on a single platform that could support everything they needed, including a REST API, self-documentation, and a cost-effective setup.

KNIME implemented a cloud-based production system using KNIME Server and KNIME Executors, integrated with Rabbit ML and load balancing. The solution has been fully operational for three months with no downtime, processed more than 650 million transactions, improved fraud detection by 100%, and achieved a median round-trip time of about 100 ms.

TODO1