Fraud Detection

In the fast-paced world of finance, the ability to prevent fraud in real-time is not just a competitive advantage – it is a necessity. For one of the largest banks in Thailand Krungsri (Bank of Ayudhya), with its vast assets, loans, and deposits, the challenge of fraud prevention has taken center stage. This blog post explores how the bank is leveraging data streaming with Apache Kafka to detect and block fraudulent transactions in under 60 seconds to ensure the safety and trust of its customers.