AWS adds new Amazon Fraud Detector to fight fraud

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A new tool called Amazon Fraud Detector has been added to Amazon Web Services (AWS) to help stamp out fraudulent online activities such as online payment and identity fraud. Amazon Fraud Detector leverages machine learning and over 20 years of fraud detection expertise from Amazon to detect fraud in milliseconds. Amazon said that there will be no upfront payments for using the service, instead, customers will pay for their actual usage of the service.

Commenting on the launch, Swami Sivasubramanian, Vice President, Machine Learning, said:

“Customers of all sizes and across all industries have told us they spend a lot of time and effort trying to decrease the amount of fraud occurring on their websites and applications. By leveraging 20 years of experience detecting fraud coupled with powerful machine learning technology, we’re excited to bring customers Amazon Fraud Detector so they can automatically detect potential fraud, save time and money, and improve customer experiences—with no machine learning experience required.”

With the new fraud detector, Amazon also offers developers with machine learning experience the ability to extend the utility of the tool by using different machine learning models built with Amazon Fraud Detector and Amazon SageMaker.

With the launch, Amazon Fraud Detector is available in U.S. East (N. Virginia), U.S. East (Ohio), U.S. West (Oregon), EU (Ireland), Asia Pacific (Singapore), and Asia Pacific (Sydney), with availability in additional regions in the coming months. To learn more, head on over to the Amazon Fraud Detector product page.

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