Hadoop-Driven Big Data Digital Marketing Use Cases in Fraud Prevention
VerifiedAdded on 2020/04/21
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AI Summary
The report delves into a specific application of big data analytics within the realm of digital marketing: fraud prevention for credit cards. It highlights how big data's characteristics—particularly value and veracity—are critical in detecting fraudulent activities, thereby safeguarding financial transactions. The discussion includes an analysis of two pivotal Hadoop stack components: the Hadoop Distributed File System (HDFS) and MapReduce. HDFS supports fault-tolerant file storage across distributed environments, enabling efficient data management and processing. Meanwhile, MapReduce provides a framework for parallel computation, breaking down large datasets into manageable chunks for rapid analysis. The combination of these technologies not only facilitates the handling of vast volumes of transactional data but also enhances the accuracy and reliability of fraud detection mechanisms. By leveraging big data's potential through Hadoop technologies, businesses can significantly mitigate risks associated with credit card fraud, ultimately fostering a secure environment for digital marketing activities.
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