BUSINESS USE CASE Fraud Detection 1 Hazelcast Powers Real-Time Fraud Detection Competent fraud detection systems can help organizations gain a clearer view of entities, relationships, and hidden patterns as they deal with financial crimes including payment card fraud, anti-money laundering, and anti-terrorist financing. Failure to invest in fraud detection systems can be disastrous for a company’s bottom line; recently a major European bank was fined more than £500m by British and American authorities for anti-money laundering failings Consumer financial transactions are also a target for fraudsters who are using increasingly sophisticated systems of their own, all at a time when today’s detection systems are facing increasing pressure. In the UK alone, payment card spending

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