Treffer: Grafraud: Fraud Detection Using Graph Databases and Neural Networks

Index tarihi :19 Ocak 2024 ; The issue of fraud has become a significant concern for many companies, particularly in the finance sector, but the traditional methods of detecting fraud are no longer adequate. Innovative technologies are necessary to identify complex fraudulent activities, and RedisGraph, a high-performance graph database, may offer a solution. With the assistance of neural networks, RedisGraph can accurately and efficiently detect fraudulent transactions in vast and intricate environments. Companies typically use a combination of Python and Oracle Databases to design fraud detection systems. which provide robust data management and real time AI processing capabilities. These technologies allow to create fraud detection systems that can determine fraudulent activities in real-time. But according to advancements of fraud methods only using of these systems not efficient nowadays. This article presents a proof of concept based on an essential use case of RedisGraph-powered neural networks in detecting financial fraud. It demonstrates the value of carefully employing Python and Oracle Database to construct and deploy real-time systems that can efficiently detect fraudulent activities.