An introduction to LROL, a modern rule definition language and flexible fraud-risk detection workflow designed for engineering and compliance teams.
As digital payments grow and real-time transactions become more common, fraud detection and risk management strategies must be adaptable and precise. Traditional fraud detection systems, often built on isolated, static rules, fall short in the face of complex and dynamic fraud tactics, requiring a more sophisticated approach. The Loci Risk Orchestration Language (ROL) addresses this need by providing a Domain-Specific Language (DSL) specifically for fraud detection and risk management.
Read more at A Risk Orchestration Language (LROL) for Adaptive Fraud-Risk Models