Mobile AI Fraud Prevention Application

CARCO’s expertise and years of experience coupled with forward-looking Mobile AI Fraud Prevention solutions enhances automation and convenience. Captured by smartphone or tablet, the information is transmitted to CARCO’s inspection portal for immediate processing.

The inspection process is intuitive, simple and takes only a few minutes.   

How it works…

1. Register and login to the application as a designated inspection site location or insured
2. Select the inspection option and proceed to capture the required vehicle images, then enter the vehicle and insurance information
3. Review the accuracy of the information
4. Print the completed inspection

Built-in AI (artificial intelligence) ensures the inspection images are aligned correctly and monitors for potential fraud. The integrated fraud data validation technology identifies potential fraud red flags.

CARCO’s integrated processing system leverages an anti-fraud analytics engine and a 43-point alert review and reporting process to prevent risk events and fraudulent activities.
 

Mobile AI Technology & Process Integration Fraud Alerts Engine

CARCO’s Central Data Repository is intuitive, easy to use, accessible 24/7 and enables data mining, analysis, reporting. Our repository houses over 175 million new fraud preventative data points annually, detecting anomalies to investigate, accessed by SIU, NICB and law Enforcement at a velocity of more than 11,000 vehicles searched per day.
 

Predictive and Prescriptive Analytics provide a proactive assessment and modeling of fraudulent activity, minimizing future fraud cases in the detection and deterrence of fraud and contain costs. Predictive Analytics Influencing Prescriptive Decisions Fraud Avoidance Modeling Reducing Losses Fueling Market Growth
 

Predictive Analytics Influencing Prescriptive Decisions

Fraud Avoidance Modeling Reducing Losses Fueling Market Growth