PAYMENTS

Payments Failures

Predicting payment failures using AI² (AI square) algorithms involves leveraging advanced machine learning techniques to analyze various factors associated with payment behavior and identify potential root causes of payment failures.

Payments Failures

The Problem
The Solution
The Impact
Challenged to decrease Payment Failures

• Number of payments: 38,693

• Failed Payments: 22.47% (8,963 failed payments)

• Successful Payments: 77.53% (30,000 successful payments)

Decrease Payment Failures with AI2:

• Target AI2: 3.89

• Target Payment Failures: 17.98%

Initial Decrease from current levels:

•20% or 1,793 extra reductions in payment failures.

• AI2 Accuracy: 100%