Formica AI ^Companies

Formica is a cloud-based streaming data platform that helps businesses transform big data to solve business challenges. It enables companies to build a data-driven culture, set event-driven use cases, use AI-powered insights, and create real-time automation. Formica Fraud is an AI-powered fraud protection solution that helps companies monitor, detect, and prevent fraudulent activities in real-time. It analyses different data sources and processes them together in real-time to protect customers, decrease chargeback, and increase customer satisfaction. It offers AI-based fraud prevention in real-time with a transparent white-box approach from rules to machine learning models.