Posted On: Jul 28, 2020

Amazon Fraud Detector is now generally available to all AWS customers. Amazon Fraud Detector is a fully managed service that makes it easy to identify potentially fraudulent online activities, such as the creation of fake accounts or online payment fraud. Amazon Fraud Detector uses machine learning (ML) and 20 years of fraud detection expertise from AWS and Amazon.com to automatically identify potentially fraudulent activity so you can catch more online fraud faster. Amazon Fraud Detector handles the heavy lifting of ML for you - in just a few clicks you can create a fraud detection model, with no prior machine learning experience required. 

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; however, 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. 

Kurt Kufeld, VP of AWS Platform, announces Amazon Fraud Detector is generally available

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Amazon Fraud Detector overcomes these challenges by combining your data, the latest in ML science, and more than 20 years of fraud detection experience from Amazon to build ML models tailor-made to detect fraud in your business so you can catch more fraud faster. Unlike general-purpose machine learning (ML) packages, Amazon Fraud Detector is designed specifically to detect fraud. To get started, read the documentation where you’ll find details on building your first fraud detection model, writing supplemental business rules, and generating real-time fraud predictions

Amazon Fraud Detector is available today in the AWS console, via the AWS SDKs, and the AWS CLI in the following AWS Regions: US East (N. Virginia), US East (Ohio), US West (Oregon), Europe (Ireland), Asia Pacific (Singapore) and Asia Pacific (Sydney). 

To learn more please visit the Amazon Fraud Detector website