Case Study

Online Fraud Detection

Online Fraud Detection

Pages 3 Pages

Online Fraud Detection Scale Risk Team Productivity with Predictive Analytics Any online business is exposed to fraud risks by its very nature, from bots to phishing, scams to wire transfer frauds, and everything in between. The huge array of risks - not to mention the potential consequences of these risks - demands human intervention. But hiring more staff to conduct manual audits is expensive and often inefficient. Plus, for online businesses used to efficiency and immediate delivery, manual audits considerably delay and decrease the user experience, damaging the site’s reputation. Therefore, the key to decreasing fraud risk is leveraging data and advanced analytics for automatic audits to scale with the growing demand. This enables audit teams to focus primarily on ambiguous c

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