Question: How can machine learning algorithms be beneficial in fraud detection? They can analyze unstructured data, such as claim notes and social media posts. They can
How can machine learning algorithms be beneficial in fraud detection?
They can analyze unstructured data, such as claim notes and social media posts.
They can identify geographic patterns or clusters of fraudulent activities.
They can prioritize claims for further investigation based on historical data.
They can conduct interviews with claimants and witnesses.
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