Darshana Daga

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…

Darshana Daga In AI, Healthcare

Understanding Healthcare Claims & Fraud: An Unfortunate Certainty

Healthcare claims are inviting and alluring target for fraudsters due to their huge monetary value. In 2017 alone, HHS and DoJ recovered around 2.5 Billion Dollars in claims fraud. And that is just one year. The challenges facing health care payers are manifold as they…

Darshana Daga In AI, Fraud Detection

ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING HELP DETECT, PREDICT AND PREVENT FRAUD

Fraud has been causing rising challenges for businesses. Over 72% of businesses cite fraud as a growing concern, and about 63% of businesses report same or higher levels of fraudulent loses over the past 12 months according to a report by Experian Global. The challenge…

Darshana Daga In Fraud Detection

Porsche Westlake’s Services Director, Sam Abregel, addresses auto warranty fraud

10 categories of warranty fraud to watch out for. Sam says, all the warranty repairs are normally categorized into about 10 different categories. The final price charged varies between dealerships as the prices of the service and parts are marked up by different factors by…

Darshana Daga In Data Sciences

5 Steps for Better Data Preparation

The task of cleansing, shaping and bending data for analytics or other business purposes is known as DATA PREPARATION. Data preparation is an inseparable component of many systems and applications managed by IT. Tasks such as data warehousing and business intelligence are the more formal…

Darshana Daga In AI, Data Sciences

Tired & Stressed – The Effect of Modern Families on Little Ones

Parenting is a roller-coaster ride of guilt and pride, especially if both you and your spouse are working. There has been a sharp increase in the number of families where both the parents are working than the previous decade, and unfortunately, it might be somehow…