AI Solutions and Data Science Support in Retail


This white paper on AI & ML is based on contributions from FutureAnalytica resources that research, implement and validate how Fraud can be detected and prevented in the Retail Industry.

Fraud detection is an important issue for retailers who are determined to avoid losses and maintain customer trust.

Retailers need to address fraud risk strategically, globally, and systematically. An effective retail fraud management framework contains a set of best practices for tackling retail crime across all channels.

  • By using advanced analytics to get more insights for better decision making
  • Understand your fraud rate
  • Use the latest customer authentication methods
  • Integrate machine learning into fraud detection software to improve the speed and accuracy of transaction monitoring

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