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Combating Fraud in Insurance with Data

Cloudera

Well, it is International Fraud Awareness Week, focused on promoting fraud prevention and education. Maybe I am naïve but I feel a bit sad that there is a need for “fraud week”. The insurance industry has a long and intimate relationship with fraud in many different ways. Yet, fraud in the U.S.

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Does Financial Crime Increase During a Recession?

Cloudera

At the same time, synthetic identity fraud, including the use of personal identity information from children, is estimated to comprise 85% of fraud cases. They must try their best to prevent financial crime, and as with many other initiatives the advancements in fighting financial crime are found in maturing the use of data and AI.

Banking 83
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What is AI in Finance?

Edureka

This AI in Finance blog, we will be covering the following topics: What is AI in Finance? These tasks range from assessing risks and detecting fraud to managing investments and providing customer service. If it sees something fishy, it alerts the bank to check it out and stop fraud. How is AI used in finance?

Finance 52
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How AI Used in Fraud Detection? Benefits, Techniques, Use cases

Knowledge Hut

The tactics of fraud grow in tandem with the financial landscape. On the plus side, artificial intelligence (AI) and machine learning (ML) have emerged as effective methods for combating fraud. So, let us begin our adventure into the realm of artificial intelligence fraud detection. What Is Fraud Detection with Machine Learning?

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Living on the Edge: How to Accelerate Your Business with Real-time Analytics

Cloudera

Whether the task involves self-driving vehicles, online transaction fraud prevention or responding to alerts from health-monitoring devices, there’s no time to waste. If you’re in financial services or retail, it’s about saving people from other dangers, such as cyber threats and fraud.

Medical 117
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Health Care Outside of the Box

Cloudera

Besides monitoring for health and behavioral risks, he was able to monitor his father’s financial risk as seniors tend to be a regular target for financial fraud through phishing and other tactics. The post Health Care Outside of the Box appeared first on Cloudera Blog. Please reach out to me at mhesseling@cloudera.com.

Medical 99
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What is Remote Access Trojan (RAT)? Types, Variants, Uses

Knowledge Hut

In this blog post, we'll dive into everything you need to know about RATs – What is Remote Access Trojan (RAT) in cybersecurity, their functionality, risks and dangers, common uses, and targets, as well as how to detect and prevent them from infecting your device. So, what exactly is the RAT?