Where graph databases fit in your fraud detection plans
Graph databases are transforming real-time fraud detection in financial institutions and e-commerce companies. As the threat landscape evolves, so must our tools to identify and prevent this new generation of fraud. PayPal's adoption of graph technology for their fraud program has inspired others to follow suit. By using graph database operations, organizations can analyze behaviors, understand subtle relationships, and mitigate fraud in rapidly changing market conditions. Graph databases like Aerospike Graph offer real-time query services that help detect anomalies in activities and behaviors associated with fraudsters. As the need for advanced fraud detection grows, incorporating graph databases into data pipelines is becoming increasingly important to keep fraudsters at bay.
Company
Aerospike
Date published
Jan. 31, 2024
Author(s)
George Demarest
Word count
686
Language
English
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