Payments News

Risk & Fraud

Amazon Introduces Fraud Detector and CodeGuru

“With Fraud Detector (in preview), AWS customers provide email addresses, IP addressees, and other historical transaction and account registration data, along with markers indicating which transactions are fraudulent and which are legitimate. Amazon takes that information and uses algorithms — along with data detectors developed on the consumer business of Amazon’s business — to build bespoke models that recognize things like potentially malicious email domains and IP address formation. After the model is created, customers can create, view, and update rules to enable actions based on model predictions without relying on others.”