How To Detect Financial Crime with Siren AI + Siren Fraud 360 #SirenVideoBytes #FinancialCrime

In this Siren Video Bytes episode, I will show you how Siren can be used by Financial Economic Crime teams and work through an example showing how to uncover illicit transaction networks using Entity Resolution and Graph Analytics.

I will showcase our Fraud 360 feature, a powerful part of Siren that helps analysts uncover fraudulent transactions and hidden connections in financial data.
Watch as we track suspicious activities across 10 million transactions, filter high-risk accounts and use graph analytics to reveal fraud networks.

Topics we cover:

• Identifying fraudulent patterns with AI-powered risk scoring
• Filtering high-risk transactions in seconds
• Using patented graph algorithms to find hidden connections
• Generating instant AI-driven financial crime reports

Timeline

0:00 – 0:19 Introduction to the Data Model

Overview of fraud detection results linked to financial transactions

Connections to organizations, persons, customers, and account analytics

0:20 – 0:41 Identity Resolution & Fraud Prevention

Detecting fraudsters using similar emails, phone numbers, or addresses

AI-driven linking to prevent identity spoofing

0:42 – 1:18 Dashboard Overview & Fraud 360 System

Introducing Fraud 360 for comprehensive fraud detection

Real-time monitoring of financial accounts and organizations

1:19 – 2:33 Filtering High-Risk Transactions

Narrowing down from 10M to 25K transactions

Identifying critical risk accounts and connections

2:34 – 3:19 Analyzing Large-Scale Fraudulent Transactions

Filtering by high-value transactions

Detecting unusual transaction clusters

3:20 – 4:14 Geospatial Analysis & Risk Indicators

Spotting anomalies (e.g., suspicious transactions in Saudi Arabia)

Identifying high-risk customers linked to fraud

4:15 – 5:55 🔗 Graph Analytics & Fraud Network Detection

Using Siren’s patented algorithm to uncover hidden connections

Linking customers by shared addresses and phone numbers

5:56 – 7:12 🤖 AI-Powered Fraud Reporting

Generating an AI-driven financial crime report

Summarizing risk indicators and fraud patterns

7:13 – End Final Insights & Next Steps

Exporting data and sharing findings with analysts

Siren’s advanced analytics make fraud detection faster and more efficient.

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