About Formica AI
Formica AI is a cloud-native platform based in Istanbul, Turkey, that specializes in real-time fraud detection and prevention. The company employs between 11 and 50 staff members and focuses on transforming big data into actionable insights for effective risk management. Formica AI processes over 20 billion transactions annually with an average latency of less than 10 milliseconds.
Min project size
50,000+
Hourly rate
50 / hr
Employees
18
Locations
Turkey
Year founded
Founded 2003
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