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Predicting and Preventing Payment Fraud Through Data Science

Businesses lose more than $3.5 trillion to fraud each year, a massive and systematic drain on profit – how can Data Science reduce these loses? Classic machine learning techniques can suffer from low fraud detection rates and a massive amount of false positives – what alternatives are there and how can we optimize the process? Case study: Exploring a real-time, scalable fraud detection solution Eric Nyabiosi is an analytics executive, data strategist, and innovator. Currently, Eric is the head of Data Science for Comcast Corporation, one of the world's largest communications | media | entertainment | technology company. In this…
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