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How do Neural Networks Help with Fraud Detection?

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How do Neural Networks Help with Fraud Detection?

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The inherit nature of neural networks is the ability to learn is being able to capture and represent complex input/output relationships. The motivation for the development of neural network technology stemmed from the desire to develop an artificial system that could perform “intelligent” tasks similar to those performed by the human brain. Neural networks resemble the human brain in the following two ways: • A neural network acquires knowledge through learning. • A neural network’s knowledge is stored within inter-neuron connection strengths known as synaptic weights. The true power and advantage of neural networks lies in their ability to represent both linear and non-linear relationships and in their ability to learn these relationships directly from the data being modeled. Traditional linear models are simply inadequate when it comes to modeling data that contains non-linear characteristics. What is Sentinel? Sentinel is a complete solution designed to prevent, detect, analyze and

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