CrowdChat-fraud-plainFraud can target organizations in many ways, and the costs of fraudulent transactions to businesses can be substantial. The key is to detect fraud early and stop it. It is impractical to examine a high volume of transactions manually – and that is where a predictive-analytics based fraud detection solution can dramatically reduce fraud cost by:

  • Automating transaction processing
  • Recommending the best method of handling each interaction
  • Settling valid and non-risky transactions faster
  • Using your investigative resources more efficiently and cost effectively
  • Join us on Thursday, July 7th, 2016 at 11:00 a.m. EDT to learn how you can use predictive analytics to mitigate risk and fraud. This CrowdChat, hosted by @IBMBigData, will bring together subject matter experts who focus on predictive modeling application in marketing. The chat will focus on the following questions:

  • What are some best practices in threat and fraud detection?
  • Which analytical techniques are most effective for identifying potentially fraudulent activities?
  • How do you reduce fraud and protect your organization’s reputation while maintaining a quality customer experience?
  • How do you keep your fraud analysis solution up to date so that you can continuously address new threats and constantly evolving tactics?
  • What types of data should be part of a comprehensive fraud detection solution?
  • How do you deliver fraud alerts so that people and systems can take action quickly?
  • How important is domain expertise when it comes to fraud and threat detection?
  • How do you distinguish between normal behavior for an individual or entity across all products and channels, and what may be suspicious behavior?
  • SPSS CROWDCHAT: Mitigate risk and fraud with Predictive Analytics
    Crowdchat | Thursday July 7th, 2016 at 11:00 a.m. ET
    Hashtag: #PredictiveEverywhere

    A CrowdChat organizes tweets into streams of conversation. We’ll start a conversation thread, and everyone who wants to participate comments and enjoys an engaging discussion. Vote for your favorite comments, and they will be featured more prominently in the conversation. CrowdChats are a great way to share your expertise and discover answers to key business questions. For more information, check out this CrowdChat Demo video for a quick demonstration.

    Join The Discussion

    Your email address will not be published. Required fields are marked *