How Text Mining Helps To Find Fradulent Buyers (1) - PowerPoint PPT Presentation

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How Text Mining Helps To Find Fradulent Buyers (1)

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Text mining and statistics help to predict and disclose fraud and helps in minimizing the loss for detecting the fraudulent transactions there is availability of sophisticated tools in data mining. The most important stride in fraud detection is to recognize the factor that leads to fraud work. Tools like decision trees Boosting trees, Classification trees, CHAID, machine learning, neural networks, cluster analysis and some of the models that are predictive can bring out probability of fraudulent works. This tool widely concentrates on the resources in the best effective way and tries to prevent the loss caused by fraud. – PowerPoint PPT presentation

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Title: How Text Mining Helps To Find Fradulent Buyers (1)


1
How Text Mining Helps To Find Fradulent Buyers
2
Text analytics can help companies discover true
market perceptions, but only if the analysis is
done in a way that reveals them
3
WHAT IS TEXT MINING?
Text mining refers to determining the information
of very high quality
4
FRAUDULENT WORKS
The results of fraud are very increasing in a
very drastic way
5
The results of fraud are very increasing in a
very drastic way
6
Detecting the fraud work can be quite tricky and
difficult
7
TEXT MINING FINDS THE FRAUDULENT BUYERS
Boosting trees
Cluster analysis
Classification trees
Machine learning
Neural networks
CHAID
Predictive can bring out probability of
fraudulent work
8
APPLICATION IDEAS TO DETECT TYPES OF FRAUD
Text mining companies with an intention of strong
consumer force which is focused on financial,
retail, Marketing and communications to drill
down their data
9
DETECTION OF INTRUSION
Text mining can serve in improving the intrusion
detection by adding or including a stage of focus
from the everyday network activity
10
DETECTION OF LIE
The data which has been collected from the
investigation are to be compared and detection of
fraud will be known if any fraudulent works occur
11
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How Text Mining Helps To Find Fradulent Buyers
www.datainfi.com/how-text-mining-helps-to-find-fra
dulent-buyers/
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