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.
• Number of payments: 38,693
• Failed Payments: 22.47% (8,963 failed payments)
• Successful Payments: 77.53% (30,000 successful payments)
• Target AI: 3.89
• Target Payment Failures: 17.98%
•20% or 1,793 extra reductions in payment failures.
• AI Accuracy: 100%