How graph technology can help Singaporean organisations combat fraud
Traditional fraud detection methods often fail to minimise losses since they perform discrete analyses susceptible to false positives and negatives. As a result, sophisticated fraudsters have developed various ways to exploit the weaknesses of discrete analysis.
Graph technology has emerged as a critical enabler in fraud detection and prevention. Unlike conventional fraud detection models, it allows organisations to identify and predict fraud and anomalies at scale using connections between data points.
Keywords: financial fraud • fraud detection • graph technology • Singapore