– Identifies unusual patterns – Uses statistical techniques –Ideal for large datasets – Detects outliers effectively
– Monitors user behavior – Utilizes machine learning – Detects deviations in habits – Enhances accuracy over time
– Mimics human brain – Recognizes complex patterns – Continuously learns from data – Highly accurate in prediction
– Follows predefined rules – Easy to implement – Limited to known fraud types – Quick to respond to alerts
– Follows predefined rules – Easy to implement – Limited to known fraud types – Quick to respond to alerts