Fraud Detection: In-Depth Guide [06/18 update]

Fraud detection is a major challenge for merchants that accept electronic payments, acquirers that manage electronic payment networks and for banks that are exposed to various types of financial fraud including money laundering.

Which companies are impacted by financial fraud?

Banks and other companies that receive significant number of financial transactions are at risk of suffering from financial fraud. e-Commerce companies, credit card companies, electronic payment platforms, B2C fintech companies all need to employ software to limit financial fraud. Read more

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15 Fraud Detection Software: A Complete List [06/18 update]

We wrote extensively about fraud detection before. If you believe that your company needs a leading edge fraud detection solution, we list the major fraud detection vendors below.

Fraud Detection Companies Ecosystem

Tech giants

Tech giants like Experian are providing end-to-end fraud detection solutions. They have the advantage of having a large sales force and long term relationship with their customers and they have significant budgets to create competent solutions

AI Startups

Since 2000s startups are tackling various aspects of fraud. The first area of focus was to serve merchants which are easy to sell to as they are smaller e-commerce businesses. Later, with increased commercialization of AI, AI vendors started selling to merchants, acquirers and banks. Read more

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Top RPA Training Courses incl. free/ paid classes [06/18 edition]

We get a lot of questions from those who want to learn to be RPA programmers. There is  a few good trainings we have noticed and categorized according to the providers:

Online education providers

Udemy

RPA software companies

UiPath

UiPath’s Community Edition is one of the top free RPA solutions and they have an extensive training package to build UiPath developer community

RPA training programs normally focus on RPA developers. Recently UiPath launched RPA training programs for RPA related roles beyond RPA developers. Program covers education for these roles & capabilities: Read more

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What is the best RPA software? [2018 update]

That depends on your company’s automation needs. So it is impossible to answer this one objectively  but we will answer a few similar questions:

Which is the best funded RPA software provider?

This is a good proxy for success as investors are looking carefully at the RPA space and are betting on companies’ success with their money. So the best funded vendor should be the one that stands to profit most in the long run.

So we looked at the RPA software providers with top funding:

UiPath: $180M with $153M raised in Mar/2018

BluePrism: $155M with $55M from previous investors and $100M from their post-IPO placing. Read more

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Manufacturing analytics: $6T opportunity

There has been sustained excitement about IOT and the data capabilities it will bring to industry. In 2013, McKinsey&Company had predicted that IOT would bring $3-6T economic impact in 2025.

With margins getting smaller and competition getting more intense, manufacturing companies are getting smarter about how they can become more productive in order to become more profitable. Manufacturing analytics is one of the most effective ways to do so.

Sometimes called the 4th industrial revolution, manufacturing analytics analyze the historical performance data of machines in order to forecast their future; and their failure. And with technology and the environment to support it evolving rapidly, there has never been a better time to get started. Read more

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