Fraud Detection

Increased regulation and growing competition in the banking and financial domain are increasingly placing pressure on companies to prevent losses proactively. Fraudulent transactions are a major contributor to losses, so many companies are seeking advanced predictive analytics to detect and mitigate fraud before it happens.

StatSoft provides a comprehensive Fraud Detection solution that uses advanced data mining and predictive modeling techniques in a robust platform to proactively detect anomalies and/or systematic characteristics of fraudulent transactions. These problems can be flagged as new transactions occur, enabling real-time fraud detection. StatSoft’s Text Analytics tool can be used to further enhance the fraud detection solution by incorporating unstructured data, as well.


  • Leading-Edge Predictive Analytics: Sophisticated algorithms to build models that provide the most lift, highest accuracy for fraud detection, and best ROI.
  • Enterprise-Wide Solution: A multi-user, role-based, secure STATISTICA Enterprise platform allows for a truly collaborative and efficient environment to build, test, and deploy the best possible models for fraud detection.
  • Reflexive Models for Real-Time Needs: Live Score® processes new transactions as they happen and updates fraud models in rapid turn-around times made possible only by STATISTICA’s integrated solutions.
  • Integrated Workflow: STATISTICA Decisioning Platform® provides a streamlined workflow where business rules and industry regulations are used in conjunction with advanced analytics to build powerful predictive  models.

Included Technologies


Contact Us

2300 East 14th Street
Tulsa, Oklahoma, 74104
(918) 749-1119