Machine learning or rules-based models that assign a real-time risk score to a transaction, account, or identity event — the score determines whether to approve, decline, or escalate for review.
Category: fraud prevention. Part of the Identity Technologist Glossary — 158+ practitioner-grade definitions covering identity verification, KYC/AML, biometrics, fraud prevention, and compliance. See all terms at https://identitytechnologist.com/glossary.