Machine Learning is becoming an essential part of fraud detection. It helps companies identify fraudulent activities with high accuracy and speed. ML models require a large amount of data to be used for training. While this issue may not be an issue for large companies, it can be problematic for smaller businesses. However, with a suitable model, fraud can be detected easily. Here are a few ways machine learning can help businesses in fraud detection.



ML uses algorithms that are built with data from corporations and customers. It allows them to get highly accurate predictions. A bespo