FinTech
Bison Pay
End-to-end AI-powered payment processing platform with real-time fraud detection, transaction monitoring and compliance reporting for U.S. financial institutions.
- Industry
- Financial services
- Status
- Live in production
- Outcome
- 60% reduction in fraud false positives
Overview
A payment processing platform combining transaction handling with AI-assisted fraud review and compliance reporting for financial institutions in the United States.
The challenge
Rule-based fraud screening flagged a high volume of legitimate transactions, which pushed manual review queues up and slowed settlement for genuine customers.
Architecture
- FastAPI services handling payment authorisation and transaction events
- PostgreSQL as the transactional store with an auditable event history
- LangChain-based reasoning layer scoring flagged transactions in context
- React operations console for review queues, monitoring and reporting
- AWS deployment with environment separation and managed secrets
Capabilities delivered
- Real-time fraud detection on live transaction flow
- Transaction monitoring dashboards for operations teams
- Compliance report generation
- Case review workflow with decision history
Outcome
60% reduction in fraud false positives.
More work