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FraudNews
04-30-2014, 05:52 PM
How analytics is changing the way we prevent fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFav8QshMR9_Sfm5jta4MZhz5u1CA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778490942521&ei=SDhhU73dL8aMgQelogE&url=http://www.itweb.co.za/index.php?option%3Dcom_content%26view%3Darticle%26 id%3D134167:How-analytics-is-changing-the-way-we-prevent-fraud%26catid%3D355)
ITWeb
Current fraud detection solutions rely on recognising pre-existing fraud modalities and flagging similar events when they occur. And it's that "when" that's important. The fraud has already taken place by the time the event is flagged, and while this ...

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