As the top-rated Work OS platform, monday.com needs to know what gives users a memorable experience. The service offers a 14-day free trial for new potential subscribers, a crucial window in which they must identify likely subscribers, ensure customer value is realized, and prevent churn. Utilizing ML technology in its model, monday.com customizes workflow systems for a better fit. But it was taking at least 21 days to detect prediction degradation and another 7 to 14 days to troubleshoot and implement a solution.
The use of AI for underwriting creates opportunities to win more business and to reduce risk by leveraging new sources of data previously unavailable in traditional credit scoring, and by identifying hidden patterns.
From rapidly changing fraudster attack types to misidentified but legitimate customer behavior and through shifting market dynamics that span across industries and geographies, the fraud detection space is constantly changing.