Artificial Intelligence
Author: Giedrius Praspaliauskas
Giedrius is a Solutions Architect at Amazon Web Services, focusing on helping customers modernize their infrastructure and adopt cloud-native architectures. He has extensive experience with API management, microservices, and container orchestration.
Real-time fraud detection using AWS serverless and machine learning services
Online fraud has a widespread impact on businesses and requires an effective end-to-end strategy to detect and prevent new account fraud and account takeovers, and stop suspicious payment transactions. In this post, we show a serverless approach to detect online transaction fraud in near-real time. We show how you can apply this approach to various data streaming and event-driven architectures, depending on the desired outcome and actions to take to prevent fraud (such as alert the user about the fraud or flag the transaction for additional review).