NetMap Analytics shows iTNews how its software works for insurance fraud detection - imagine how great this stuff would be in the enterprise.
This image shows all of the relationships that were mapped together in this study designed to uncover insurance fraud. Relationships are shown between people, claims, addresses, phone numbers, bank accounts and suburbs and represents 12 months of claims history. Hidden are patterns of behaviour that represent fraudulent activity. The vast quantity of data and the inventive ways in which people commit fraud makes it hard to know exactly what to look for using traditional systems.
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