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Big Data Processing & Fraud Detection
With Analysis of Datasets > 250TBJanuary 19, 2016
Dr. Lautaro DolbergDr. habil. Radu State
SnT – Interdisciplinary Centre for Security, Reliability and Trust
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About Me Dr. Lautaro Dolberg
Postdoc at SEDAN, SnT, University of Luxembourg, Choice Holding. Since 2015. Focus: Fraud Detection, Machine Learning on Big Data.
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R&D Project Partner
Analytics forFraud Detection
100 million consumers
Choice is a software company and cloud computing provider for the utilities distribution sector.
CHOICE was selected for a Red Herring's Top 100 Europe Award for the Cloud Computing Category.
CHOICE was selected for a Red Herring's Top 100 Europe Award for the Cloud Computing Category. CHOICE was selected for a Red Herring's Top 100 Europe Award for the Cloud Computing Category.
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Embeded Research Unit
++Started 2015
Committed to Corporative And academic goals
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Data Analytics for Fraud Detection
Challenges : Scale , Bias Operational CostsChallenges : Scale , Bias Operational Costs
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Fraud Prevention & Detection In FinTech
Digital Payments
?? ??
E-Currency Monitor Transactions
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Cloud Based Data Analytics
Integration with legacy applicationsIntegration with legacy applications
Secure CloudSecure Cloud
Scalable to match real time demandsScalable to match real time demands
Availability Availability
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100 million consumersUp to 30% users NTLDynamic Fraud schemes50 K Inspections a Month Operational cost $100 / inspection
Objective: Avoid innecesary inspections
Maximize the recovered energy
R&D Objective: Optimize Fraud Detection
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Reducing operational Cost
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Conclusions
Successful collaboration in a joint scientific project for improving fraud
detection software
Mix Team (Corporative – Academic)
Results
Reduced the cost of operations (Monthly 2000 inspections less, $100 p/i)
Designed and implemented our contributions in a cloud based environment
Elastic to fit the demand. Smart meter ready
Come to talk to us for discussing possible joint projects in FinTech