helio, a continues real-time fraud detection and monitoring solution
TRANSCRIPT
Helio
A
Continues Real-Time Fraud Detection and Monitoring Solution
Amir Sedighi - 2015 2 /
Speaker Background● Senior Software Engineer
– BS and MS degrees in Software Engineering
– +20 Years of Programming Experience● Business Application Development● Log Management and Forensic● Big-Data Visualization● Data Warehouse● Recommender Systems (http://recommender.ir) ● Analytical Real-Time Search Engines● Digital Library/Hadoop Integration● Real-Time Event Processing (http://helio.ir)
● Online Resume
– http://linkedin.com/in/amirsedighi● Email: [email protected]
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Outline
● How big is the problem?● Who will be affected?● Some fraud scenarios● How Helio works?● What Helio brings into your business?● Technical and Operational Advantages
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How big is the problem?
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● Its $ 4 Trillion BIG!● Forrester Research Findings
– $ 4 Trillion in Global Losses pre year– This amounts to 5% of Global GDP– Globally, Merchants are paying $200 - $250 Billion in Fraud losses– Finanial Services losing $ 12 – 15 Billion
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Who will be affected?
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Card Transaction Fraud
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Mobile Banking Fraud
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Online Banking
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Who should be worried?
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Some Fraud Scenarios
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Some Fraud Scenarios
1) Fake transactions2) Buy Expensive stuff3) In Large Quanitities4) Very quickly5) At odd hours6) Ship to many places7) Provide weird email addresses8) Trying wrong passwords
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Scoring
Score = itemPrice * 0.0001
+ itemQuan:ty * 0.1
+ isFreeEmail * 2.5
+ highRiskCountry * 10
+ suspiciousUsername * 5
+ suspiciousIPRange * 10 30
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How Helio works?
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Banking Transactions
1) Customer level transaction2) Bank/PSP leve transaction
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Data Collection
1) Customer level transaction2) Bank/PSP leve transaction3) Streams of data based on Log, JDBC or REST API Call
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Big-Data and Data Streaming
1) Customer level transaction2) Bank/PSP leve transaction3) Streams of data based on Log, JDBC or REST API Call4) Data Streaming5) Data Processing and Alarms
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Real-Time Detection
1) Customer level transaction2) Bank/PSP leve transaction3) Streams of data based on Log, JDBC or REST API Call4) Data Streaming5) Data Processing and Alarms6) Insight
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What Helio brings into your business?
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Speed!
● Real-Time Fraud Detection● Real-Time Risk Assesment● Real-Time Monitoring ● Real-Time Insight
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Helio, Technical and Operationl Advanages
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Uniformation and Abstraction
● Unifies data streams and batch data processing– Running complex queries as joining tabular data and data streams – Old and new data are the same
● Diferent data stores and technologies are most welcome– RDBMS, NoSQL, Plain Text...
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Helio is Elastic!
● Helio is scalable● Helio is distributed● Helio lives in the clouds
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Helio is extreme easy to program and use!
● Helio provides a very high level scripting SQL-like language● Helio can be programmed utilizing Java and Scala as well
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Event and Pattern Recognition
● Combining data from multiple, non-homogeneous sources to recognize events that lead to more complicated status
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Fantastic BI and flexible GUI
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Refrences
● https://www.forrester.com/● http://helio.ir● http://www.slideshare.net/donsquire/presentation-on-fraud-prevention-detection-control● http://www.slideshare.net/INSOFE/fraud-detection-15399010
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Thank You!
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