FRAUD DETECTION AND PREDICTION: DEFINITION, OVERVIEW AND TYPES

Most enterprises and organizations today are at war with the perpetrators of frauds. Fraudulent activities have crept into almost every activity in a demand-supply-distribution chain making the tracking and monitoring of dynamic data and transactions difficult, yet challenging. The adoption of Fraud Detection and Prevention services helps create a strong defence against such breach of…

Details

Data Analytics in Fraud Detection and Prevention

Fraud detection can be broadly segmented as Fraud Analytics and Authentication. Fraud analytics encompasses analytical tools and techniques with human manipulation and operations to help distinguish between original and pseudo transactions. These transactions are mostly encountered by the occurrence of fraud during, before or after the completion of the transaction. Fraud analytics is a complex…

Details

Business Intelligence increases the efficiency of SCM and Mobile App Development

Mobile application development and data analytics or business intelligence are almost inseparable. Users demand immediate insights which can be done by using real time data and content at that exact point which prompt the customers to make a purchase and allow companies to preserve brand consistency. Even enterprises need big data and analytics to fuel…

Details

Technologies for Fraud Detection and Prevention

Organizations and enterprises face threat from fraud-related activities and violations due to the massive amount of data they store and use. The complexity in tracking and monitoring transactions increases as the size of the organization increases. Meanwhile, Fraudsters try and penetrate through the framework of organization for their own benefit. Counter measures to control such…

Details

Poultry Industry to be the Largest Consumer of Mycotoxin Detoxifiers

Livestock farming consists of different species of animal that produce a variety of animal products to serves various industries. The protection and safety of the industry from different microbial disease or contamination is very essential to achieve a healthy and sustainable environment. The classification of the mycotoxins detoxifiers is important as the requirement of nutrition…

Details

Fraud Detection and Prevention Market: Drivers, Constraints and Challenges

Fraud, defined as an intentional act of corruption, omission or misappropriation, is becoming more and more rampant in today’s social, economic, political and organizational set-up. With considerable amount of scope for online and offline transactions in every sector, there is high amount of vulnerability to organized online crimes and financial misappropriation. Fraud, like Fraud Detection and…

Details