Synthetic Data to Help Fraud Machine Learning Modelling | by Cornellius Yudha Wijaya | Sep, 2022
Synthetic data could help mitigate fraud casesPhoto by Maxim Berg on UnsplashFraud cases are common in any business industry and cause massive financial loss. Small or Big, every business would face the fraud problem whether they like it or not — as long as there are people with bad intentions.Many efforts have been exerted in machine learning fraud detection research to mitigate the fraud problem, yet there is still no perfect solution. It’s understandable because every business has different requirements, and data is…