Graph technology: the hidden weapon to fighting fraud
Online scams, where a consumer has been persuaded to authorise a transaction, and fraud, which involves suspicious activity to bank accounts without prior knowledge, are going through the roof in Australia. According to the Australian Competition and Consumer Commission (ACCC), consumers lost over $3.1 billion to scammers in 2022, with the actual amount expected to be higher.
Keywords: australia • fraud detection • Thought Leadership