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MessagePosté le: Ven 18 Aoû - 04:34 (2017)    Sujet du message: Hot quest comes in when 3 or even more symbols come in the Répondre en citant

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But there are few things to consider before using big data to develop fraud detection systems. The organizations need to make sure that they are dealing with high quality data for proper data analysis. Another challenge is they need to realize the boundaries for using customer data and respect their privacy. Also, it is disruptive for an organization to implement big data systems. They need to make sure there is a proper collaboration between IT and business units where the teams agree upon clear goals by adopting destination-driven thinking.

As technology advances, new strategies for optimizing fraud detection are being developed.Financial organizations should inform their team members about latest trends and developments. They need to partner with experts to stay ahead of technology curve.
By using huge amounts of data from various sources like social media, customer databases, point of sale and external sources from data vendors, big data along with machine learning allows organizations to greatly enhance the quickness of fraud detection. The analytical data from these sources is forming a new collective fraud database, which can be used to develop better models for fraud detection.
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