Fraud Detection
Fraud detection is a crucial feature that is used in software programs to identify, prevent, and mitigate fraudulent activities. This feature employs advanced algorithms and techniques to analyze data and identify any fraudulent behavior. It is used in various industries such as finance, e-commerce, and healthcare to safeguard against monetary losses, protect sensitive information, and preserve customer trust. One of the main functions of fraud detection is to monitor and track transactions in real-time. It can detect suspicious patterns, unusual activities, or unauthorized access
This software is researched and edited by
Rajat Gupta is the founder of Spotsaas, where he reviews and compares software tools that help businesses work smarter. Over the past two years, he has analyzed thousands of products across CRM, HR, AI, and finance — combining real-world research with a strong foundation in commerce and the CFA program. He's especially curious about AI, automation, and the future of work tech. Outside of SpotSaaS, you'll find him on a badminton court or tracking the stock market.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
