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The AI in Business Podcast

Fraud Challenges in the Gaming Industry from a Data Perspective - with Pablo Vargas of FanDuel

Dec 20, 2023
25:46
Snipd AI
Pablo Vargas, Risk and Compliance Manager at FanDuel, discusses fraud risk management in the gaming industry, the balance between consumer privacy and data tracking, and the importance of analyzing fraud behavior from different perspectives. They also explore the challenges of data analysis within the gaming industry and its parallels with other sectors like insurance and e-commerce.
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Podcast summary created with Snipd AI

Quick takeaways

  • Understanding the evolving behavior of consumers and adapting current fraud models to the pre and post-pandemic situations is crucial in the gaming industry.
  • Collaborative efforts among gaming companies, government bodies, and regulators are essential to establish efficient processes and apply data-driven approaches for fraud detection and prevention in the gaming industry.

Deep dives

The Evolving Fraud Landscape in Retail and E-commerce

In this podcast episode, Pablo Vargas discusses the changing landscape of fraud in retail and e-commerce. He highlights the need to consider the pre and post-pandemic situations when addressing fraud in the most recent history. With the behavior of consumers evolving and data collection becoming more extensive, understanding the changes and adapting existing models becomes crucial. Vargas emphasizes the importance of balancing the collection of data with privacy concerns and the customer experience. He also discusses the impact of artificial intelligence (AI) and machine learning in fraud detection and prevention, stressing the need for intelligent application and human expertise.

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