Case Study: TODO1 Services Inc. doubles fraud detection with Neo4j

iuvity Increases Fraud Detection Rates by 200 Percent with Neo4j

TODO1 Services Inc., a digital risk and security provider for Latin American banks, needed an extremely fast, always-reliable fraud detection application that could approve or deny transactions in real time and outperform an incumbent solution. The company built its proprietary iuviPROFILER solution using Neo4j’s graph database on Microsoft Azure to meet these demanding latency and reliability requirements.

Using Neo4j, TODO1 Services Inc. created a real-time fraud detection application that processes hundreds of transactions per second with queries completed in about 100 milliseconds. The result was a 200% increase in fraud detection at the same false-positive rate, plus a smooth migration from one cloud provider to another mid-project.

TODO1 Services Inc

Edgar Osuna

Chief Data and Analytics Officer