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Fintech · AI Agent Development

PayTrust: Fraud detection agent cuts false positives 40% on 2.4M daily transactions

A multi-model fraud agent that protects a Bangalore-based UPI and card processor without burying the risk team in noise.

-40%

False positives

+18%

True fraud caught

11,200/yr

Analyst hours saved

14 weeks

Time to deploy

The challenge

PayTrust processes 2.4M UPI and card transactions per day across India. Their legacy rules engine flagged 3.1% of transactions as suspicious — a 26-person review team drowned in noise, and genuine fraud still slipped through during festive-season spikes. Every false decline cost an estimated INR 480 in lost lifetime value, and RBI compliance windows left no room for slow review queues.

What we built

A three-layer agentic fraud system:

  1. A streaming feature pipeline on Kafka + Redis that hydrates 240+ behavioral signals (device fingerprint, geo-velocity, merchant category drift, peer-cohort spend patterns) within 80ms.
  2. An ensemble scoring layer combining a gradient-boosted base model with an Anthropic Claude reasoning agent that interprets edge cases — high-value first-time merchants, unusual time-of-day, KYC-fresh accounts.
  3. A Pinecone vector store of 18 months of confirmed-fraud narratives so the agent can retrieve "this looks like" precedent and explain its decision in natural language to the analyst.

Human-in-the-loop escalation triggers only when the agent's confidence is below 0.82, and every override feeds the next day's fine-tune cycle.

Results

False positive rate dropped from 3.1% to 1.86% (a 40% relative reduction) while genuine fraud detection rose 18%. The risk team redeployed 11,200 analyst hours per year toward proactive merchant-risk profiling. Mean time-to-decision fell from 4.2 minutes to 9 seconds, and the explainability layer cleared an RBI thematic audit on first review.

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