Using Intelligent Servicing for Fraud

  • Release version: Xanadu
  • Updated August 1, 2024
  • 1 minute to read
  • Learn how fraud agents and managers use the Intelligent Servicing for Fraud application to initiate, investigate, and resolve fraud cases.

    General workflow for a fraud case

    Branch workers and fraud agents use personalized Workspace to work on all aspects of their fraud cases. Workspace enables agents to do the following tasks:
    • Monitor their workload and performance
    • Focus on high-priority items
    • Navigate across tasks

    When a fraud case is reported by a customer or an external fraud detection system, a fraud agent initiates a case and updates the transaction details. This process, which triggers a workflow for the transaction, is done with a case playbook. Throughout the workflow, a fraud agent processes alerts, investigates the case, and updates the statuses of the tasks that are associated with the case update. Depending on the task updates, a workflow might have additional or fewer tasks.

    How a fraud case is initiated

    A fraud case can be initiated as follows:
    • A fraud alert case is flagged by an external fraud detection system.
    • A fraud case is reported by a customer or from an external source such as a law enforcement agency or a regulator.

    Assignment and resolution of fraud cases

    • Fraud agents and managers can use a fraud case to track the lifecycle of a fraud alert and the tasks for the request.
    • The Intelligent Servicing for Fraud application includes two sample service definitions that have predefined values that fraud agent and manager can use. The fraud type service definitions are the following:
      • Card fraud by alert: A fraud agent can update the status of the transactions that are suspected as fraud by interacting with the customers​.
      • Card fraud: A fraud agent can investigate a fraudulent case that is reported by a customer or from external sources such as from a law enforcement agency or regulators.
      To resolve cases, a fraud agent can also gather documents until the closure of the case. The case can also be sent for approval to a fraud manager.​