EduTech on Infosys Fraud Management

Fraud Management in Edutech

Fraud Management in Edutech

The Edutech sector is expanding at CAGR of 16.3% and will grow 2.5x from 2019 to 2025, reaching $404 billion in total global expenditure. This growth was further accelerated due to pandemic situation. With the increasing demand in online education, the sector is adopting newer technologies to remove geographical barriers and create opportunities for both students and educators to work on collaborative assignments.

As the world returns to normalcy, apart from online education, offline education and universities continue to flourish in terms of imparting quality education and generating revenue. With growing adoption in online education, the education sector is facing vulnerability due to increased cases of revenue loss caused by online fraudulent practices. Apart from issues such as identity theft, student loan fraud, placement fraud, essay mills, and plagiarism, there are many other risks associated with online examinations getting introduced. Such challenges can be addressed by leveraging new-age analytics and automation to improve process efficiency and reduce loss of revenue.

Our Edutech Revenue Assurance Offerings

We help Edutech players save revenue by identifying and eliminating complex frauds and leakages in their ecosystem by leveraging our three key services — Edutech Analytics, Due Diligence & Automation, and Digital Edutech Operations.

Edutech Analytics
  • Pre-check analytics to detect student data discrepancies
  • Descriptive analytics to detect manipulated records
  • Diagnostic analysis of suspicious and unapproved transaction/discounts/adjustments
Due Diligence & Automation
  • Control efficiency and fraud coverage improvements
  • Semi- and full automation of processes/reconciliation of records for errors
  • Policy refinement and assessment on fraud controls
Digital Edutech Ops
  • Investigations, audit, and control management
  • Dashboard and reporting
Line

Benefits

Instant and remote verification

Instant and remote verification
99% reduction in turnaround time

AI-driven process - Zero human errors

Near-zero error rates
AI-driven process - Zero human errors

Capex reduction by automation

Cost reduction
Capex reduction by automation

Workflow management

Workflow management
SOP- & SLA-driven process standardisation

24 x 7 digital support

24 x 7 digital support
Digital operations for continuous monitoring

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