How to Combat Fraud in FinTech: A Guide to Machine Learning and the IDEAS Framework
Key Lessons from 6 years of real-world experience to fight fraud while scaling growth
In the early days of working at a fast-growing FinTech startup, we hit a major roadblock: fraud losses.
Growth numbers looked great, but we struggled to keep up with risk behind the scenes. Customers weren’t paying and we soon realized they were committing fraud.
A fraud ring had targeted us, knowing our early-stage pro…