Data Sheet: Fraud Detection using Advanced Analytics

It’s no secret that fraud schemes continue to evolve almost daily in their sophistication and complexity.

And while organizations are under great competitive pressure to make financial payments as quickly and easily as possible, often this forces them to use a pay-and-chase strategy to deal with fraud. Couple this with fraud investigation units that are understaffed and overburdened, and it’s no wonder industries in the US alone are losing nearly $1 trillion annually due to fraud.

Some of the most powerful examples of analytic success include deployment of analytic insights into day-to-day operations.

At Elite Analytics, we specialize in developing and implementing predictive analytics solutions using IBM Technologies. Get in touch with us to learn more.

 

Contact Us

Author Daniele Micci-Barreca

More posts by Daniele Micci-Barreca

Leave a Reply

ARE YOU READY? GET IT NOW!
Full Name
Email*

Subscribe to Download Whitepaper

Subscribe to get Elite's White Papers
Each white paper from Elite’s experts brings you insights into today’s best practices in data mining and predictive analytics and their impact on the industries and organizations we serve.
Thank You for subscribing!
OR
Subscribe to get Elite's Witepapers
Each white paper from Elite’s experts brings you today’s best practices in data mining and predictive analytics and their impact on various industries.