Tag: fraud detection

As more businesses increase their online presence to serve their customers better, new fraud patterns are constantly emerging. In today’s ever-evolving digital landscape, where fraudsters are becoming more sophisticated in their tactics, detecting and preventing such fraudulent activities has become paramount for companies and financial institutions. Traditional rule-based fraud detection systems are capped in their […]

Fraud detection is an important problem that has applications in financial services, social media, ecommerce, gaming, and other industries. This post presents an implementation of a fraud detection solution using the Relational Graph Convolutional Network (RGCN) model to predict the probability that a transaction is fraudulent through both the transductive and inductive inference modes. You can deploy our implementation to an Amazon SageMaker endpoint as a real-time fraud detection solution, without requiring external graph storage or orchestration, thereby significantly reducing the deployment cost of the model.