The time has come to get to know one of the most interesting cloud-based solutions available on the market, and will allow us to look at a concrete example of credit card fraud detection in action: we are talking about the IBM Watson Cloud solution, which introduces, among the other things, the innovative concept of cognitive computing.
Through cognitive computing, it is possible to emulate the typically human ability of pattern recognition, which allows adequate contextual awareness to be obtained for decision-making.
IBM Watson can be successfully used in various real scenarios; here are few:
- Augmented reality
- Crime prevention
- Customer support
- Facial recognition
- Fraud prevention
- Healthcare and medical diagnosis
- IoT
- Language translation and natural language processing (NLP)
- Malware detection
Before going into detail about the IBM...
