Knowledge Graph — Coursera Notes › Academic disciplines › Computer Science / Information Technology › Cloud Computing › Snowflake › Snowflake Cortex › Snowflake Cortex ML functions › ANOMALY_DETECTION

Anomaly detection for fraud

concept · part of ANOMALY_DETECTION

JPMorgan Chase employs anomaly detection algorithms to identify deviations from normal user behavior in transaction data. The system monitors patterns and flags suspicious activities like large withdrawals or high-risk location purchases. It is trained on historical fraud data to recognize known fraud patterns.

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