N-iX, a global software solutions and engineering services company, has become a finalist for the 2024 DataIQ Awards in the 'Breakthrough with Data or AI (Enabler)' category!
The DataIQ Awards honor companies and individuals who excel in the data industry. This year, N-iX is proud to be recognized for developing an automated, ML-powered transaction handling system for a large provider of prepaid cards and current accounts from the UK.
The N-iX team developed a comprehensive cloud-agnostic, ML-powered system that resulted in remarkable customer base growth for the client’s business. This solution included real-time data processing, analytics, and ML algorithms that helped the client:
- Streamline transaction processing and remove the need to manually examine declined transactions with an ML-powered solution that provides full information about payments;
- Decrease the latency of transaction processing from up to 5 minutes to 250 milliseconds;
- Accelerate time-to-market by setting up the infrastructure and the CI/CD pipeline for the solution.
To access the full 2024 DataIQ Awards list, visit the award page.
The names of the winners in each category of the award will be revealed on September 26, 2024, during the Roundhouse event in London.
Your ML and AI journey with N-iX
Whether you need to build a data-driven strategy from scratch or want to ensure the existing one is up for the task, N-iX can help. Drop a message to our team to see how we can assist you.