Banking on Real-Time AI: Florida Credit Union Sees 97% Reduction in Fraud
DENVER, June 01, 2022 (GLOBE NEWSWIRE) -- While many big banks are still struggling to advance from the experimentation phase to fully implementing Artificial Intelligence (AI) solutions, one Florida-based credit union has taken the leap and reaped enormous benefits. Using breakthrough RembrantAi technology from IT Solutions company, ToolCASE, Launch Credit Union prevented more than $1.8 million in fraud in 2021, a 97% reduction across 16 locations.
DENVER, June 01, 2022 (GLOBE NEWSWIRE) -- While many big banks are still struggling to advance from the experimentation phase to fully implementing Artificial Intelligence (AI) solutions, one Florida-based credit union has taken the leap and reaped enormous benefits. Using breakthrough RembrantAi technology from IT Solutions company, ToolCASE, Launch Credit Union prevented more than $1.8 million in fraud in 2021, a 97% reduction across 16 locations.