Machine Learning Times
EXCLUSIVE HIGHLIGHTS
Jev Fever: Predictive AI Is Superhot Again
  Originally published in Forbes The more AI changes, the...
GenAI Owns the Hype, but Predictive AI Is Thriving
  EDITOR’S NOTE: This article is adapted from the...
The Data Disconnect: A Key Challenge for Machine Learning Deployment
  EDITOR’S NOTE: This article is excerpted from The...
A Brief History of Why Machine Learning Projects Stall
  EDITOR’S NOTE: This is the preface to The...

fraud strategies

Predicting Fraud: Another Not So Easy Task

 As I have stated in previous articles, the most difficult challenge in building predictive models is the creation of the analytical file. Typically, this comprises between 80%-90% of the data scientist’s time with 10%-20%  comprising the actual run or runs of the different mathematical/statistical algorithms. In the creation of the analytical file, the two elements