If technology helps prevent fraud, it is a benefit for all.
In Brazil, Piracicaba is located in the state of São Paulo, and aside from being a regional industrial center, the city hosts many universities. That’s why it requires an urban infrastructure that can service its nearly 400 thousand inhabitants.
Within this scenario, the company Via Ágil, which operates in the transportation system with a fleet of 236 buses, saw their revenues rise as they invested in antifraud technology. Aiming at a higher operational efficiency and the decrease of revenue evasion, the integration of Transdata solutions was the starting point for the implementation of a high-end system that’s easy to maintain and operate, reducing in 8% the number of wrongful accesses in its first year in use. Over four years, more than 7,000 registries were blocked. Today, out of every 100 accesses, 22.5% are free of charge. Without the facial recognition system, that number was 25.5%. In terms of student benefits, the number went from 9% to 7.5%.
These statics prove the efficiency of the antifraud system, and the funds that come from these initiatives can be reinvested in the fleet and used to improve the company’s financial health.