Use Cases for Every Department

MindsDB turns raw data into business intelligence giving your team the answers you need
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Finance teams understand the importance of collecting and effectively working with data. AI can help them do that. Using AI, MindsDB helps to speed up workflows and create models that allow finance teams to recognize and make better decisions. Thanks to MindsDB’s predictive analytics capabilities they can predict future spending, plan better, automate tasks and processes, as well as spot and fix compliance issues.

Credit Scoring

Determining which customers to give credit to is often one of the most challenging endeavors financial institutions face. If they extend credit to customers who are likely to be irresponsible with the credit, these institutions risk losing a ton of money. With machine learning, these organizations can obtain accurate models that illustrate customer credit risk. Using these models, MindsDB helps financial institutions determine customers’ credit worthiness in an effort to reduce risk.

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Fraud Detection

Due to the fact that fraud techniques keep getting more advanced businesses have to prioritize fraud detection to lower risk. Using fraud detection algorithms, MindsDB scores transactions that may seem fraudulent and automatically flag and reject them. Our predictive models help companies identify and prevent fraudulent by providing real-time and historic insights.

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