We’re honored to play a key role in Coastal’s Databricks implementation journey.
In the recently featured Case Study from Databricks, to bolster financial security, Coastal adopted the Databricks AI Security Framework. This framework allowed the bank to develop and deploy machine learning models that detect fraudulent activities with high accuracy. Notably, Coastal achieved a 94% accuracy rate in fraud detection at a minimal cost of $1.05 per model run, processing over one million tokens. This approach has significantly improved the bank’s ability to prevent fraud, ensuring the safety of its customers’ assets.
Through these initiatives, Coastal has demonstrated a strong commitment to leveraging advanced technology to enhance operational efficiency and security, ultimately providing superior service to its customers.
Curious to learn more about their transformative journey with Databricks? Dive into the Case Study for insights on how they’re scaling operations and embracing cutting-edge solutions for their partners.
