AWS Fraud Detector Service
An AWS Fraud Detector Service is a fraud detection services that is an AWS service.
References
2019
- https://aws.amazon.com/fraud-detector/
- QUOTE: Amazon Fraud Detector is a fully managed service that makes it easy to identify potentially fraudulent online activities such as online payment fraud and the creation of fake accounts.
Globally each year, tens of billions of dollars are lost to online fraud. Companies conducting business online are especially prone to attacks from bad actors who often exploit different tactics such as creating fake accounts and making payments with stolen credit cards. Companies typically use fraud detection applications to identify fraudsters and stop them before they cause costly business disruptions. However, these applications often rely on business rules that don’t keep up with the changing behaviors of fraudsters. More recent fraud detection applications have tried to use machine learning. But, they frequently use a one-size-fits-all approach based on general data sets and fraud behaviors that aren't specific to your business, which limits their accuracy.
Fraud Detector overcomes these challenges by using your data, machine learning (ML), and more than 20 years of fraud detection expertise from Amazon to automatically identify potentially fraudulent online activity so you can catch more fraud faster. You can create a fraud detection model with just a few clicks and no prior ML experience because Fraud Detector handles all of the ML heavy lifting for you.
- QUOTE: Amazon Fraud Detector is a fully managed service that makes it easy to identify potentially fraudulent online activities such as online payment fraud and the creation of fake accounts.