Fraud Analytics Training Course in Exeter

Fraud Analytics Training Course Outline

Module 1: Schematics of Fraud and Fraud Analytics

• Introduction to Fraud Analytics
• Mining the Field: Fraud Analytics in its New Phase
• Using Fraud Analytics
• What is Fraud Detection?
• Fraud Analytics Refined

Module 2: Evolution of Fraud Analytics

• Why Use Fraud Analytics?
• Evolution Continues
• Fraud Prevention and Detection in Fraud Analytics
• Incentives, Pressures, and Opportunities

Module 3: Analytical Process and the Fraud Analytical Approach

• Probabilities of Fraud and Where it All Begins
• What Should the Fraud Analytics Process Look Like?
• Data Analytics Exposed

Module 4: Fraud Analytics Vs Predictive Analytics

• Fraud Analytics and Predictive Analytics
• Comparing and Contrasting Methodologies
• Steps Score Development Versus Fraud Analysis
• CRISP-DM Vs Fraud Data Analysis
• SAS/SEMMA Vs Fraud Data Analysis
• Conflicts within Methodologies
• Composite Methodology
• Comparing and Contrasting Predictive Modelling and Data Analysis

Module 5: New Trends in Fraud Analytics and Tools

• Many Faces of Fraud Analytics
• Paper Chase is Over
• To Be or Not to Be
• Raytheon’s Visualinks
• Fico Insurance Fraud Manager
• Palantir Teach
• Fiserv’s AML Manager

Who Should Attend this Fraud Analytics Training Course?

This Fraud Analytics Training Course is ideal for professionals involved in the management, analysis, and protection of financial and operational data within an organisation. This course is particularly beneficial for the following professionals:

• Cybersecurity Professionals
• Financial Analysts
• Risk Managers
• IT Security Officers
• Compliance Officers
• Internal Auditors

Prerequisites for the Fraud Analytics Training Course

There are no formal prerequisites to attend this Fraud Analytics Course. However, having fundamental knowledge of data analytics will be beneficial for learners to grasp concepts more effectively.

Fraud Analytics Training Course Overview

Fraud Analytics Training helps delegates understand how data can be used to detect, investigate, and prevent fraudulent activity. It focuses on identifying suspicious patterns, anomalies, and risk indicators across financial and digital environments.

This training develops practical skills in transaction monitoring, data visualisation, predictive modelling, and fraud risk assessment. It supports stronger decision-making and helps organisations improve their anti-fraud controls.

This 1-day course by The Knowledge Academy equips delegates with practical fraud detection and prevention techniques. Upon completion, delegates will be able to analyse fraud risks, identify warning signs, and support effective fraud investigation processes. 

Fraud Analytics Training Course Objectives

• To apply fraud analytics techniques to detect suspicious patterns in financial data
• To strengthen anti-fraud frameworks within organisations using data insights
• To implement effective fraud controls and monitoring systems
• To use data models and visualisation tools to investigate and prevent fraud
• To support compliance and reduce reputational and financial damage
• To develop practical skills to respond proactively to evolving fraud threats 

Upon completion, delegates gain essential knowledge and practical skills to detect, prevent, and investigate fraud effectively. This Cyber Security Certification expertise also strengthens career prospects by opening advanced opportunities in risk management and financial compliance.

Building Blocks of Fraud Analytics

Fraud Analytics combines principles from mathematics, data, and computer science with business insight to detect, prevent, and respond to fraud. It relies on key domains and technologies that enable effective analysis and action.

Business Intelligence

• Management Information
• Data Warehousing

Data Science

• Artificial Intelligence (AI)
• Machine Learning (ML) - Deep Learning
• Big Data Technologies

What’s Included in this Fraud Analytics Training Course?

• World-Class Training Sessions from Experienced Instructors
• Fraud Analytics Certificate
• Digital Delegate Pack