Fun Facts about Fraud: #1 fraud detection method is a tip, 33% of business failures are due to theft and fraud, the median time for fraud detection is 18 months and 49% of victims do not recover their losses. With such a significant cost, why can’t companies better combat against fraud? Oracle’s machine learning and advanced analytical capabilities transform your Oracle data management platforms into powerful fraud detection and prevention solutions. Using ML algorithms specifically designed to detect flag and predict rare events companies are turning the tide against this scourge and building applications to automate its detection. Come see Oracle’s machine learning functions and how they can help you fight crime.
To Catch a Thief: How Oracle’s Machine Learning Can Help in Fraud Prevention
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