DataMiningApps Articles

Fraud Analytics using Benford’s Law

In this article, we’ll introduce Benford’s law, which describes a surprising and fascinating fact about the distribution of the first digits of numbers. We’ll explain how this law has become an important tool in detecting fraud.

Using Autoencoders for Fraud Detection

Contributed by: Jeroen Frans

Improving the ROI of Big Data and Analytics through Leveraging New Sources of Data

Big Data and Analytics are all around these days. Most companies already have their first analytical models in production and are thinking about further boosting their performance. Far too…

Capturing the Wisdom of your Employees

Forecasting with Prediction Markets

The price traded at the stock exchange is designed to reflect the true value of shares. Traders buy and sell based on whether they belief stocks will go up or down. As such…