Alibaba's anti-fraud system for digital transactions

$BABA-SW(09988.HK)$ s fintech spin-off $Ant Group Co., Ltd.(688688.SH)$ revealed its intelligent risk control system for quickly detecting and intervening in fraudulent digital transactions. One of the key features in the multi-layered mechanism is a 90-second alert call by the platform’s AI assistant.

Zhao Ke, a representative of Ant Group, said that the system could provide tailored evaluations by analyzing real-time feedback from users during the call, and terminate the process when necessary.

“With this 90-second pause, we want to make our users understand what’s going on by getting them away from the fraudulent transaction where they’re being urged to quickly complete the transaction,” Zhao said, adding that communication could provide more information and improve the accuracy of the system.