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From:
AltexSoft
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Fraud Detection: Machine Learning in Fintech and eCommerce
https://www.altexsoft.com/whitepapers/fraud-detection-how-machine-learning-systems-help-reveal-scams-in-fintech-healthcare-and-ecommerce/
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The machine learning approach to fraud detection has shifted Fintech, Healthcare, and eCommerce industries focus from rule-based systems to ML-based solutions.
