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AI use case
Sun Finance (Latvian fintech, 4M evaluations/month) deployed GenAI on AWS for ID extraction and fraud detection — improving extraction accuracy from 79.7% to 90.8% and cutting p…
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Title
Sun Finance: GenAI-Powered ID Verification and Fraud Detection
Content
Sun Finance processes a new loan request every 0.63 seconds across 9 countries. Partnered with AWS Generative AI Innovation Center to build an IDV pipeline using Amazon Bedrock (Claude Sonnet 4), Textract, and Rekognition. Solution improved extraction accuracy from 79.7% to 90.8%, cut per-document costs by 91%, and reduced processing time from up to 20 hours to under 5 seconds. The fraud detection system uses vector similarity search (Amazon S3 Vectors) and Claude-powered visual pattern detection. Project went live January 22, 2026 after 35 business days of production deployment.
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Riga
Company/Organization
Sun Finance Group
Continent
Europe
Country
Latvia
Category
Financial Services
Type
Deployment
Id
72374862-149f-4eb8-81d6-0b6aef032bc8
Created At
2026-05-18T23:23:48.814399+00:00