How three leading financial firms stay ahead of innovative fraudsters

Financial fraud detection is a complex and rapidly evolving field, requiring real-time analysis of large amounts of diverse data types. Aerospike's multi-model database offers the flexibility and performance necessary for effective fraud detection models. PayPal has reduced its financial fraud exposure by 30x with Aerospike's help, while Barclays has improved its card fraud detection solution using Aerospike's scalability and reliability. TransUnion has achieved an 80% reduction in latency for its fraud detection models through the use of Aerospike. The company continues to expand its data model support, offering strong support for document-based models and SQL access while working on graph and time series capabilities.