Company
Date Published
April 29, 2020
Author
DataStax
Word count
229
Language
English
Hacker News points
None

Summary

Cybercrime and payment fraud pose significant challenges for businesses handling digital transactions. To combat this issue, a successful fraud prevention strategy requires the ability to process large volumes of data quickly and accurately. Many organizations have turned to NoSQL databases like DataStax Enterprise to support their mission-critical systems due to their performance and scalability capabilities. ACI Worldwide, which processes over $14 trillion in payments daily, has implemented a solution using DataStax Enterprise, Apache Kafka, and Hadoop to detect fraud in real-time. This approach combines machine learning and AI to achieve the necessary speed and accuracy for fraud detection.