Card Fraud Detection using SQL and Vector Search

Fraud Detection using Rules Based and Vector Search

***A real-time event driven solution is essential to keep up with the complexity.***

Fraud is constantly evolving. New schemes and tactics emerge all the time, making it a tough problem to tackle.
To address this, organizations need a comprehensive approach.

Solution approach

  • 1. Apply rules using distributed SQL: Handles large-scale, complex data seamlessly.

  • 3. Vector Search (native to CrateDB): Powers advanced search and detection of patterns to identify fraud.

  • 2. Advanced predictive analytics