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PowerCurve for Beginners: A Comprehensive Guide

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PowerCurve is a complete suite of decision-making solutions that help businesses make efficient, data-driven decisions. Whether you're new to PowerCurve or want to understand its core concepts, this guide will introduce you to chief features, applications, and benefits. What is PowerCurve? PowerCurve is a decision management software developed by Experian that allows organizations to automate and optimize decision-making processes. It leverages data analytics, machine learning, and business rules to provide actionable insights for risk assessment, customer management, fraud detection, and more. Key Features of PowerCurve Data Integration – PowerCurve integrates with multiple data sources, including internal databases, third-party data providers, and cloud-based platforms. Automated Decisioning – The platform automates decision-making processes based on predefined rules and predictive models. Machine Learning & AI – PowerCurve utilizes advanced analytics and AI-driven models ...
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5 Key Ideas on SAS Banking Analytics

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SAS is providing solutions for banking. Getting away with financial crime just got harder. The latest SAS Financial Crimes Suite arms institutions to detect potential suspicious activity more efficiently than ever.
A new customer due diligence solution within the suite more accurately detects changes in a customer’s risk profile. Enhanced anti-money laundering and case management capabilities also make it easier to have a complete view of threats across an institution’s financial crimes investigation unit.

“A comprehensive view of potential threats will help in efforts to thwart criminals from successful attempts of hiding illicit funds,” says James Wester, global payments research director at IDC Financial Insights.

 “A technology infrastructure with customer risk rating and high-performance analytics will help speed detection and investigation in all channels.”.

SAS Analytics Suite for Banking Crimes

  1. Today’s rigorous regulatory environment requires banks to move quickly with confidence. SAS Financial Crimes Suite uses a visual scenario designer to recommend optimal detection models. The designer instantly assesses the impact of potential scenarios and risk-rating changes.
  2. In-memory architecture speeds analysis of real-time testing environments, reducing guesswork through improved model efficiency. 
  3. To identify potential money launderers and people funneling money to terrorists, institutions must constantly assess customer activity. The SAS Customer Due Diligence does this by weighing all customer data to set baseline expectations. 
  4. Data management features easily integrate key customer attributes from external sources and detect incriminating relationships. 
  5. The regulatory reporting interface controls both workflow and investigations. Context-aware analytics intercept and assess events for possible risk. The resulting baseline customer score can be automatically updated with a new risk rating based on behavior changes
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