The Dummy Handbook on Data Science for Fraud Detection
What we discuss in this simple handbook:
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Data science is one of the fastest growing fields of knowledge in business, and its importance for fraud detection cannot be overlooked by modern experts.
This document provides an introduction to the work of data scientists in the context of using machine learning to fight fraud in digital businesses, including financial services, ecommerce, and social networks. It discusses the main activities, goals, and challenges at play in the intersection of data science and fraud detection with the main purpose of facilitating communication between data scientists and engineers and the other members of fraud prevention teams.
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DataVisor is the world’s leading fraud and risk management platform that enables organizations to respond to fast-evolving fraud attacks and mitigate risks as they happen in real time. Its comprehensive solution suite combines patented machine learning technology with native device intelligence and a powerful decision engine to provide protection for the entire customer lifecycle across industries and use cases.