Xente is an e-payments, e-commerce, and financial services company in Uganda offering various products and services that can be paid for using Mobile Money (Airtel Money, MTN Mobile Money), Bank Card (Visa Card, Master Card), Xente wallet and on credit (Pay Later). Some of the products consumers can buy include airtime, data bundles, pay water and electricity bills, TV subscription services, buy event tickets, movie tickets, bus tickets, and more.
The objective of this competition was to create a machine learning model to detect fraudulent transactions. Fraud detection is an important application of machine learning in the financial services sector. This solution will help Xente provide improved and safer service to its customers.
You can view more about the competition here: https://zindi.africa/competitions/xente-fraud-detection-challenge