Fraud Detection Using Analytics

Business data is being stored in many organization by information technology systems. Experts predict online credit card fraud to increase to USD32 billion by 2020. Because of which to detect and prevent frauds organization are going for automated systems. The business fraud can be generated by employees or from outside organizations. In this article an attempt has been made to find the technologies to address the fraud and steps of adopting the technology. The outcome of the research paper is to provide an understanding of how deep learning can be used for the fraud detection.