By: Stephanie Kanowitz Originally published at www.gcn.com
Two major fraud incidents in the past year have spurred the Social Security Administration to step up its fraud detection and prevention efforts through the use of better analytics. The result is a fraud prevention unit dedicated to building data analytics to help SSA workers detect and prevent scams. “SSA will apply analytics tools that
The financial services industry will begin making significant strides in 2014 toward using data analytics to fight fraud, experts predict. The value of using big data to help prevent or detect fraud is becoming clearer, helping institutions...