Portfolio: Fraud Management & Verification Products

Overview

With extensive experience in designing and managing fraud detection and verification products, I have delivered solutions that enhance financial security and operational efficiency. Below is a detailed Portfolio of the products I developed and managed, highlighting their core functionalities, technical implementations, and business impacts.

Key Products and Contributions

1. Real-Time Credit Utilization Sharing System (KAPS)

  • Objective: To prevent individuals from exceeding their credit capacity by simultaneously applying for loans from multiple institutions.
  • Technical Highlights: Web service-based platform consisting of inquiry, notification, and update services.
  • Achievements:
    • Monitored over 6.27 billion inquiries with a cumulative credited amount exceeding ₺18.3 trillion.
    • Enabled 23 institutions to actively manage credit inquiries and utilization in real-time.
  • Process:
    • Institutions query the system during loan origination.
    • Real-time response ensures proper credit allocation and blocks redundant or fraudulent applications.
    • Reservations expire within 6 hours if no credit utilization occurs, reducing credit risk exposure.

2. False Information, Document, Declaration, and Application Alert System (SABAS)

  • Objective: Identify and share alerts regarding fraudulent applications or potentially high-risk events.
  • Features:
    • Link analysis for comprehensive data visualization.
    • Customizable rules and metadata integration without complex coding knowledge.
  • Impact:
    • Fostered collaboration among financial institutions by sharing fraud insights.
    • Expanded reporting systems and enabled attachment uploads for cases and lists.

3. Application Fraud Detection System (BSTS)

  • Objective: Mitigate fraud by validating information such as identity, income, and employer details during loan applications.
  • Implementation:
    • Dual architecture supporting synchronous and asynchronous data enrichment.
  • Advantages:
    • National fraud scoring and rules tailored for individual members.
    • Reduced onboarding time (integration completed in 2-4 months).
    • Enhanced fraud detection with enriched data sharing options.
  • User Engagement:
    • Actively utilized by leading banks in the sector.
    • Transitioned rule engines to in-house management for optimized costs.

4. Secure EFT Service (GES)

  • Purpose: To ensure secure money transfers via EFT and FAST systems by pre-validating transaction details.
  • Key Features:
    • Operates 24/7, allowing seamless financial transactions.
    • Parameters defined and updated collaboratively by institutional users.
  • Business Value:
    • Reduced fraud risk for over 100 institutions.
    • Improved customer trust and operational efficiency.

5. Account Opening Sharing System (HAPS)

  • Objective: Monitor and share information regarding multiple account openings across financial institutions.
  • Capabilities:
    • Identification of suspicious account opening patterns.
    • Integration into anti-money laundering processes for enhanced compliance.
  • Outcome:
    • Contributed to digital onboarding security.
    • Supported the detection of illegal fund transfers and gambling transactions.

Achievements and Business Impact

  • Fraud Prevention: Proactively addressed fraud types such as first-party, third-party, and money mule schemes.
  • Customer Satisfaction: Improved trust through reliable and secure financial transactions.
  • Operational Excellence: Delivered scalable and maintainable solutions with minimal downtime.

Contact Information

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