Food, clothes, accessories, or furniture. Everything you used to buy from shops down the busy roads can now be bought online. E-Commerce is a multibillion-dollar industry and it’s only rising more and more. Needless to say, this too is in the grasp of the criminal world. Online criminals are present in all online sectors you can name.
Fraud Detection with Machine Learning is possible because of the ability of the models to learn from past fraud data to recognize patterns and predict the legitimacy of future transactions. In most cases, it’s more effective than humans due to the
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