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Building a Fraud Detection Model with H2O AI Cloud
In a previous article [1], we discussed how machine learning could be harnessed to mitigate fraud. This time, we’ll delve into a step-by-step guide on leveraging H2O AI Cloud to construct efficient fraud detection models. We’ll tackle this process in three critical stages: build, operate, and detect. First, we’ll utilize Driverless AI in ...
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5 Key Elements to Detecting Fraud Quicker With AI
The number of transactions using electronic financial instruments has been increasing by about 23% year over year. The global COVID-19 pandemic has only accelerated that process. Electronic means have become the primary vehicle of how people purchase their goods. With this sudden increase in transactions, fraud detection systems are stres...
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Artificial Intelligence Is Already Deep Inside Your Wallet – Here’s How
Artificial intelligence (AI) is the key for financial service companies and banks to stay ahead of the ever-shifting digital landscape, especially given competition from Google , Apple , Facebook , Amazon and others moving strategically into fintech. AI startups are building data products that not only automate the ingestion of vast amou...
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