Fraud prevention technology

Fraud prevention technology involves using advanced tools and algorithms to detect and stop unauthorized or deceitful activities, especially in finance and online transactions. It analyzes patterns, behaviors, and transaction details to identify suspicious activities that may indicate fraud. These systems can automatically flag or block suspicious transactions in real-time, helping protect individuals and businesses from financial losses. Essentially, it’s like having a vigilant security system that constantly monitors for signs of fraud and takes action to prevent it before any damage occurs.