Visual analytics puts fraud detection in its sights
Abstract: The amount of data available to sift through for signs of fraud can be overwhelming. Fortunately, the latest data visualization tools can help fraud experts find the proverbial needle in the ever-growing haystack of potential evidence. Visual analytics has been employed by fraud experts to detect everything from money laundering and bribery schemes to financial statement, purchasing, insurance and e-commerce fraud. This article explains how experts uncover such schemes by using specialized software.