{"id":3393,"date":"2014-03-05T19:58:26","date_gmt":"2014-03-05T19:58:26","guid":{"rendered":"http:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/?p=3393"},"modified":"2014-03-05T19:58:48","modified_gmt":"2014-03-05T19:58:48","slug":"proactively-fighting-fraud-data","status":"publish","type":"post","link":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/proactively-fighting-fraud-data\/3393\/","title":{"rendered":"Proactively fighting fraud with data"},"content":{"rendered":"A recent SAP survey found that 41 percent of financial services organization felt that predictive analytics are more about minimizing risk than exploiting opportunities. The way that statistic is phrased, it sounds like the financial industry views predictive analytics as a passive tool rather than an active one. But when you consider the risks that the financial industry faces&#8211;market risk, credit risk, compliance risk, risk of fraud&#8211;minimizing risk in financial services is hardly a passive job. A case in point can be found by taking a closer look at a big data program currently being developed by one <a href=\"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/proactively-fighting-fraud-data\/3393\/\" class=\"more-link\">(more&hellip;)<\/a>","protected":false},"excerpt":{"rendered":"<p>A recent SAP survey found that 41 percent of financial services organization felt that predictive analytics are more about minimizing risk than exploiting opportunities. The way that statistic is phrased, it sounds like the financial industry views predictive analytics as a passive tool rather than an active one. But when you consider the risks that [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[11],"tags":[311,312,108],"class_list":["post-3393","post","type-post","status-publish","format-standard","hentry","category-industry-news","tag-financial-industry-regulatory-authority-finra","tag-richard-ketchum","tag-sap"],"_links":{"self":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts\/3393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/comments?post=3393"}],"version-history":[{"count":3,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts\/3393\/revisions"}],"predecessor-version":[{"id":3396,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts\/3393\/revisions\/3396"}],"wp:attachment":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/media?parent=3393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/categories?post=3393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/tags?post=3393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}