FIO

fio-labs-logo

Fraud Fighters: AI Detects and Prevents Financial Crimes in Real-Time

Fraud Fighters AI Detects and Prevents Financial Crimes in Real-Time 60% Reduction in fraudulent activities 50% Decrease in false positives 30% Improvement in risk prediction accuracy Executive Summary  Artificial Intelligence (AI) is revolutionizing the financial sector by enhancing accuracy, efficiency, and profitability. This case study explores various implementations of AI in finance, particularly focusing on […]

Spend Smarter, Not More: Optimize Spend and Boost Your Bottom Line 

Spend Smarter, Not More Optimize Spend and Boost Your Bottom Line 30% Improvement in supplier selection efficiency 20% Improvements in negotiation outcomes 20% Better timing in purchasing using AI-enabled Forecasting Executive Summary A leading manufacturer of household appliances faced escalating procurement costs due to manual processes, limited visibility, and inefficient negotiations. By implementing an AI-powered […]