AI-Powered Fraud Detection System

Closed
DansFarmaRoot
Toronto, Ontario, Canada
Owner
(74)
4
Project
Academic experience
200 hours per learner
Learner
Anywhere
Advanced level

Project scope

Categories
Data analysis Data modelling Machine learning Artificial intelligence
Skills
ibm system p algorithms fraud detection machine learning process modeling transaction monitoring cyber security data analysis artificial intelligence
Details

DansFarmaRoot aims to enhance its transaction security by implementing an AI-driven fraud detection system. The primary goal is to deploy AI algorithms that can monitor transactions in real-time and identify unusual patterns or behaviors indicative of fraudulent activities. This project will allow learners to apply their knowledge of machine learning, data analysis, and cybersecurity to develop a robust solution. The system should be capable of analyzing large datasets, identifying anomalies, and generating alerts for potential fraud cases. By completing this project, learners will contribute to DansFarmaRoot's efforts to prevent financial losses and maintain customer trust.



Key objectives include:


- Developing AI models to detect fraudulent transactions.


- Integrating the AI system with existing transaction monitoring tools.


- Testing and validating the system's accuracy and reliability.


- Providing a user-friendly interface for monitoring and managing alerts.

Deliverables

The project deliverables will include:


- A fully functional AI model for fraud detection.


- Integration of the AI system with DansFarmaRoot's transaction monitoring tools.


- A comprehensive report detailing the development process, model performance, and testing results.


- A user-friendly interface for monitoring and managing fraud alerts.


- Documentation and user manuals for system operation and maintenance.

Mentorship

At DansFarmaRoot, we are committed to providing comprehensive support and mentorship to our co-op students. Our team will allocate dedicated staff time to guide and mentor students, ensuring they receive personalized assistance throughout their projects. Students will have access to advanced tools and technology, including our AI-driven infrastructure, to enhance their learning experience. Additionally, they will have access to real-time data and analytics, enabling them to make data-driven decisions and gain practical insights. Regular feedback sessions, workshops, and training programs will further support their development, ensuring they successfully complete their projects and gain valuable industry experience.

Supported causes
Good health and well-being

About the company

Company
Toronto, Ontario, Canada
2 - 10 employees
Consumer goods & services, Food & beverage, Marketing & advertising, Sales, Trade & international business

DansFarmaRoot is an innovative Canadian Ginseng farm-to-table nutraceutical company committed to enhancing daily performance and well-being through natural, effective, and scientifically supported supplements.

Our dedication to quality starts at the source with Canadian-grown ginseng, ensuring the highest potency and purity in every product. Leveraging cutting-edge AI technology, our flagship, award-winning product, DFENERGY, sets a new benchmark in the health and wellness industry.

Our commitment to innovation is exemplified by our record-setting onboarding of University co-op students, who infuse our team with fresh ideas and cutting-edge strategies.

At DansFarmaRoot, we are not just revolutionizing the health and wellness industry; we are setting a new standard for how small businesses integrate AI into their ecosystems.