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Fintech & Ecommerce

Amazon Fraud Detection service is now fully available

Jul 30, 2020

Service helps to protect from fraudulent online activities including online payment and identity fraud

Amazon Fraud Detector

Amazon Fraud Detection service is now fully available. Source: shutterstock.com

Amazon has announced the general availability of Amazon Fraud Detector. That’s a fully managed service that allows customers to quickly identify potentially fraudulent online activities.

Amazon Fraud Detector automatically identifies potentially fraudulent using machine learning models.

This way, customers can select a pre-built machine learning model template and upload historical event data. Afterward, they can create decision logic to assign outcomes to the predictions.

Amazon reveals there are no up-front payments, long-term commitments, or infrastructure to manage with Amazon Fraud Detector. That means customers pay only for their actual usage of the service.

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
Swami Sivasubramanian, Vice President, Amazon Machine Learning, Amazon Web Services Inc.

We’ve reported that Amazon?has announced?the general availability of Contact Lens, a set of capabilities for Amazon Connect. Amazon Connect is a fully managed cloud contact center service that helps companies deliver enhanced customer service at a lower cost.

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