Last days you can register for TechLab: Designing fraud detection systems for tomorrow, TechTalks Timisoara

ACI Worldwide Eastern Europe Development is the fast-growing Romanian branch of ACI Worldwide. With more than 100 employees in Timisoara at this moment and with ambitious plans for expansion, ACI is one of the top employers for IT professionals.

Participants profile:
 

• A bachelor/a master student/professionals with less than 2 years experience in Automation, Computer Science, Mathematics or Informatics, Electronics and Telecommunication;
• Enthusiastic about developing a career in Software Development;
• Good to you know: Java, C++, .NET, AQ Automotive (OOP).

Topic: Designing fraud detection systems for tomorrow 
 

Along with the explosion of multiple channels enabling payments (mobile, e-commerce) together with the variety of innovative instruments available for a potential fraudster (Dark Net, techniques for DOS attacks) it has never been clearer that the fraud domain has become an industry by its own generating losses ranging from billions to trillions dollars across the world.
Since fraud instruments employ more and more intelligence and are characterized by rapidly changing patterns widely distributed a good fraud detection approach should be able to address those challenges by creating highly adaptive models that can follow the variety of scenarios in addition to better ways of establishing the identity of the transaction initiator via more advanced out-of-band challenge mechanisms (multi factor authentication, fingerprint).
We will present a sample transaction flow along with some fraud examples occurring in payments ecosystem. We move then into the architecture of a generic fraud detection system and we analyze the differences between the Expert Driven Rules in relation to the Data Driven Model. We introduce then the computation of customers profiles based on past behavior and we move towards a dynamic segmentation based on clustering techniques and machine learning. We analyze how the feedback received from the offline investigations can be used to better improve the models generated in the data rules. In the end we direct the lighting spot on big data.

Speaker: Gabriel Istrati - Software Architect


When and where will we meet?

• On Saturday, 18^th of March, 15:25-16:10.
• In Timisoara, at Centrul Regional de Afaceri, Room C.

What else should you know?
 

• The entrance is free but there is a limited number of 30 participants;
• The session will be held in Romanian;
• The TechLab session lasts 45 minutes;
• Only candidates who meet the requirements will receive a confirmation e-mail;
• You can apply for one or more TechLabs, but be recommend to pay attention to the date and the beginning hours because the TechLabs may overlap.