I met Matthew in New York City about a year ago. We sat in a private conference room and he told me the story of his pharma startup. A small group of researchers set out to solve the black-box enigma of certain kinds of vicious cancers. There are so many cancers, so their vision was to focus on especially heinous ones. Fast forward to their recent FDA approval of their “Hail Mary” procedure and treatment methodology for stage-four patients of a particular cancer.

With the complexity of data growing across the enterprise and emerging approaches to machine learning and AI use cases, data scientists and machine learning engineers have needed more versatile and efficient ways of enabling data access, faster processing, and better, more customizable resource management across their machine learning projects.

Upgrading components of Cloudera Data Warehouse (CDW) is as easy as one decision and a few clicks. While the Database (DB) Catalog and Virtual Warehouses (VWs) need to be compatible, the CDW upgrade framework understands the interoperability constraints between them.

November 15-21 marks International Fraud Awareness Week – but for many in government, that’s every week. From bogus benefits claims to fraudulent network activity, fraud in all its forms represents a significant threat to government at all levels. Some experts estimate the U.S. government loses nearly 150 billion dollars due to potential fraud each year, McKinsey & Company reports.

Fraud awareness in the Financial Services industry is more important than ever. According to the September 2020 benchmarking report conducted by the Association of Certified Fraud Examiners (ACFE) in response to the coronavirus, 77% of survey respondents, representing a range of industries, have observed an increase in the overall level of fraud as of August, compared with 68% in May. The report reveals 68% of respondents have observed an increase in payment fraud schemes (vs.

One of the many areas where machine learning has made a large difference for enterprise business is in the ability to make accurate predictions in the realm of fraud detection. Knowing that a transaction is fraudulent is a critical requirement for financial services companies, but knowing that a transaction that was flagged by a rules-based system as fraudulent is a valid transaction, can be equally important.

Well, it is International Fraud Awareness Week, focused on promoting fraud prevention and education. A fantastic initiative! Maybe I am naïve but I feel a bit sad that there is a need for “fraud week”. The insurance industry has a long and intimate relationship with fraud in many different ways. Insurance fraud can take place at a process or business function level, most notably in claims or underwriting.