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Medicare Has Saved $1.5B with the Help of Predictive Analytics

By   /  June 2, 2016  /  Big Data News, Big Data News, Articles, & Education, Data Daily | Data News, Data Education, Education Resources For Use & Management of Data  /  No Comments

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by Angela Guess Dr. Shantanu Agrawal, Raymond Wedgeworth, and Kelly D. Bowman recently wrote in Modern Healthcare, “Over the past five years, the CMS [Centers for Medicare & Medicaid Services] has successfully implemented a Fraud Prevention System using ‘big data’ and predictive analytics approaches to fight fraud, waste and abuse in the Medicare fee-for-service program. […]

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How PayPal is Using Deep Learning to Root Out Fraud

By   /  March 10, 2015  /  Data Daily | Data News, Data Education, Smart Data News, Smart Data News, Articles, & Education  /  No Comments

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by Angela Guess Writing for GigaOM, Derrick Harris recently stated, “Hui Wang has seen the nature of online fraud change a lot in the 11 years she’s been at PayPal. In fact, a continuous evolution of methods is kind of the nature of cybercrime. As the good guys catch onto one approach, the bad guys try […]

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Forter Launches Fraud-Free Ecommerce Technology at Citi’s Innovation Center

By   /  February 14, 2014  /  Business Intelligence News, Business Intelligence News, Articles, & Education, Data Daily | Data News, Data Education  /  No Comments

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by Angela Guess A new release out of the company reports, “Forter, an Israeli-based startup that offers online retailers a plug-and-play technology that enables fraud-free ecommerce, is announcing its official launch today at the inauguration event for Citi’s Innovation Center in Tel Aviv, a worldwide fintech innovation center in which Forter developed its technology. At the […]

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Delfigo Security Awarded US Patent on Event-Driven AI Architecture

By   /  September 16, 2013  /  Data Education, Enterprise Information Management, Smart Data News, Articles, & Education  /  No Comments

Delfigo Security filed for United States Patent protection (US Serial No: 12/221,757) on August 6, 2008 for Combining Artificial Intelligence (AI) Concepts with an Event-Driven Security Architecture.

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Verizon Launches Fraud Management Software for Health Care

By   /  November 18, 2011  /  Data Daily | Data News, Data Education, Data Modeling News, Articles, & Education  /  No Comments

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by Angela Guess Verizon is using predictive data modeling to detect health fraud. According to the article, “The telecommunication giant has just unveiled a new software platform called Verizon Fraud Management for Healthcare, a fraud detection system tailored to the healthcare industry. It uses predictive modeling technology to examine unusual patterns and trends in incoming […]

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