Darshana Daga

Darshana Daga In AI, Fraud Detection

Using AI to control employee expense fraud

Reimbursable employee expenses are a significant cost for most businesses, and unfortunately they are often a source of fraud by unscrupulous employees. To combat this, businesses typically rely on auditing employee expense reports manually. As this is a tedious and very labor intensive process, usually…

Darshana Daga In Fraud, Healthcare

Cornonavirus: Safety Tips For You & Those Around You

“COVID-19!” the mere mention of the word sends an ominous shiver down our spines! Such has been the phenomenal negative buzz associated with the rise and spread of the Novel Coronavirus, from Wuhan China to what appears to be every nook and corner of the…

Darshana Daga In AI, Machine Learning

Anomaly Detection – A Machine Learning Solution to Eliminate Risk

With the rapid growth of the internet and the IoT and the resultant digital transformation of the world we live in, there is an explosion of data that is being generated, collected and stored. There is data available for “normal” transactions, as well as for…

Darshana Daga In AI, Healthcare

Why Healthcare Industry needs to be data driven

Mobile phones, smart watches, wearable health gears… there is avalanche of information and data about people’s health and activities today that can be leveraged. The data can be used to have more a clear idea of a person’s health and fitness needs. Hospitals and healthcare…

Darshana Daga In Fraud Detection

Leveraging Digital Technology to Unearth FinTech Fraud

The volume of online transactions is growing exponentially -- driven by the digitalization, sheer increase in the volume of online transactions themselves, larger scale of operations and new Financial Technologies (FinTech for short). Simultaneously with digitalization, there is a new quest for enterprises to start…

Darshana Daga In Fraud

TOP 5 FRAUD CASES OF 2019: LOOKING BACK

As we inched closer to the end of the decade in 2019, it turned out be a year where financial fraudsters got really smart and sophisticated. However, the fraud detection and prevention teams deployed by the corporate world and government agencies still managed to catch…

Darshana Daga In Data Sciences, Fraud Detection, Machine Learning

Supercharging your Financial Control & Fraud Detection Initiatives; the Role of Data Quality

Effective fraud detection and financial control initiatives leverage advanced analytics and machine learning techniques to derive valuable and actionable information for managers. The reliability of the results produced by these data intensive techniques is DIRECTLY dependent on the quality and quantity of data available for…

Darshana Daga In Fraud Detection, Machine Learning

Huge Payoff is Possible by Identifying Fraud Schemes

The volume and dollar value of fraudulent transactions has mushroomed in recent years due to the phenomenal growth of electronic transactions that span every industry segment, coupled with the relative anonymity that online commerce offers to crooks of all shades. In the era of extreme…

Darshana Daga In Finance, Machine Learning

Savvy CFOs are using Machine Learning to detect Fraud Schemes

With the burgeoning growth of electronic financial transactions and their relative anonymity, sophisticated fraud schemes have exploded in the last 5 years, as reported by the FBI and leading publications such as the Wall Street Journal, Forbes and the New York Times. As reported by…