Fraud detection software and services often use sophisticated statistical techniques.

Name: Fraud detection software and services often use sophisticated statistical techniques.
Brand: Quizplus
Rating: 4.7 (52 reviews)

Question

Quizplus · Accepted Answer

Fraud detection software and services often use sophisticated statistical techniques such as machine learning algorithms, data mining, and pattern recognition to identify and prevent fraudulent activities. These techniques help detect anomalies and patterns in data that may indicate fraudulent behavior.

Fraud Detection Software and Services Often Use Sophisticated Statistical Techniques