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Rapid Model Refresh (RMR)in Online Fraud Detection Engine,[object Object],SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. © 2010 SAS Institute Inc. All rights reserved. S55547.0410,[object Object]
Agenda,[object Object],Overview,[object Object],[object Object]
Best Practice in PayPal Fraud Detection
Rapid Model Refresh (RMR)
Extensions and Future,[object Object]
In-Branch
Perceptible Footprint… …,[object Object],[object Object]
Cyber Spaces
Invisible Marketplace… …,[object Object],[object Object]
Old-Fashion
Isolated Individual
Limited-Scope Damage
Traceable Patterns… …,[object Object],[object Object]
Organized Gang
Multi-Billion Loss
Dynamic Trends… …,[object Object]
Industry Fact,[object Object],Online Revenue Loss Due to Fraud,[object Object],Source: Cybersource,[object Object]
Agenda,[object Object],Objectives,[object Object],[object Object]
Best Practice in PayPal Fraud Detection
Rapid Model Refresh (RMR)
Extensions and Future,[object Object]
Identify Patterns
Set Review Criterion
Model-Based Score
Rely on Statistical Models (Logit Models / Neural Nets)
Generate Suspicion Score
Rank Order Transactions
Rule-Based System

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Rapid Model Refresh (RMR) in Online Fraud Detection Engine