AI in Fraud Detection - Ritavan & Christian Barte

CFA Association Russia held the third event of the fintech series with the German management consulting firm Horvath & Partners focusing on the use of AI in the finance industry. This time, principal Christian Barte and his colleague Ritavan, a senior machine learning specialist, gave a presentation on the use of AI to detect fraud and improve risk management processes.

With a strong background in mathematics, Ritavan provided detailed information on the key methods of detecting fraud using AI and big data. The speaker discussed a few algorithm-based predictive methods, including Random Forest, Gradient Boosting, and Isolation Forest.