Real Time Fraud Detection Analytics On Ibm System Z
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Real-time Fraud Detection Analytics on IBM System z
Payment fraud can be defined as an intentional deception or misrepresentation that is designed to result in an unauthorized benefit. Fraud schemes are becoming more complex and difficult to identify. It is estimated that industries lose nearly $1 trillion USD annually because of fraud. The ideal solution is where you avoid making fraudulent payments without slowing down legitimate payments. This solution requires that you adopt a comprehensive fraud business architecture that applies predictive analytics. This IBM® Redbooks® publication begins with the business process flows of several industries, such as banking, property/casualty insurance, and tax revenue, where payment fraud is a significant problem. This book then shows how to incorporate technological advancements that help you move from a post-payment to pre-payment fraud detection architecture. Subsequent chapters describe a solution that is specific to the banking industry that can be easily extrapolated to other industries. This book describes the benefits of doing fraud detection on IBM System z®. This book is intended for financial decisionmakers, consultants, and architects, in addition to IT administrators.
Enabling Real-time Analytics on IBM z Systems Platform
Regarding online transaction processing (OLTP) workloads, IBM® z SystemsTM platform, with IBM DB2®, data sharing, Workload Manager (WLM), geoplex, and other high-end features, is the widely acknowledged leader. Most customers now integrate business analytics with OLTP by running, for example, scoring functions from transactional context for real-time analytics or by applying machine-learning algorithms on enterprise data that is kept on the mainframe. As a result, IBM adds investment so clients can keep the complete lifecycle for data analysis, modeling, and scoring on z Systems control in a cost-efficient way, keeping the qualities of services in availability, security, reliability that z Systems solutions offer. Because of the changed architecture and tighter integration, IBM has shown, in a customer proof-of-concept, that a particular client was able to achieve an orders-of-magnitude improvement in performance, allowing that client's data scientist to investigate the data in a more interactive process. Open technologies, such as Predictive Model Markup Language (PMML) can help customers update single components instead of being forced to replace everything at once. As a result, you have the possibility to combine your preferred tool for model generation (such as SAS Enterprise Miner or IBM SPSS® Modeler) with a different technology for model scoring (such as Zementis, a company focused on PMML scoring). IBM SPSS Modeler is a leading data mining workbench that can apply various algorithms in data preparation, cleansing, statistics, visualization, machine learning, and predictive analytics. It has over 20 years of experience and continued development, and is integrated with z Systems. With IBM DB2 Analytics Accelerator 5.1 and SPSS Modeler 17.1, the possibility exists to do the complete predictive model creation including data transformation within DB2 Analytics Accelerator. So, instead of moving the data to a distributed environment, algorithms can be pushed to the data, using cost-efficient DB2 Accelerator for the required resource-intensive operations. This IBM Redbooks® publication explains the overall z Systems architecture, how the components can be installed and customized, how the new IBM DB2 Analytics Accelerator loader can help efficient data loading for z Systems data and external data, how in-database transformation, in-database modeling, and in-transactional real-time scoring can be used, and what other related technologies are available. This book is intended for technical specialists and architects, and data scientists who want to use the technology on the z Systems platform. Most of the technologies described in this book require IBM DB2 for z/OS®. For acceleration of the data investigation, data transformation, and data modeling process, DB2 Analytics Accelerator is required. Most value can be achieved if most of the data already resides on z Systems platforms, although adding external data (like from social sources) poses no problem at all.
Optimized Inferencing and Integration with AI on IBM zSystems: Introduction, Methodology, and Use Cases
In today's fast-paced, ever-growing digital world, you face various new and complex business problems. To help resolve these problems, enterprises are embedding artificial intelligence (AI) into their mission-critical business processes and applications to help improve operations, optimize performance, personalize the user experience, and differentiate themselves from the competition. Furthermore, the use of AI on the IBM® zSystems platform, where your mission-critical transactions, data, and applications are installed, is a key aspect of modernizing business-critical applications while maintaining strict service-level agreements (SLAs) and security requirements. This colocation of data and AI empowers your enterprise to optimally and easily deploy and infuse AI capabilities into your enterprise workloads with the most recent and relevant data available in real time, which enables a more transparent, accurate, and dependable AI experience. This IBM Redpaper publication introduces and explains AI technologies and hardware optimizations, and demonstrates how to leverage certain capabilities and components to enable AI solutions in business-critical use cases, such as fraud detection and credit risk scoring, on the platform. Real-time inferencing with AI models, a capability that is critical to certain industries and use cases, now can be implemented with optimized performance thanks to innovations like IBM zSystems Integrated Accelerator for AI embedded in the Telum chip within IBM z16TM. This publication describes and demonstrates the implementation and integration of the two end-to-end solutions (fraud detection and credit risk), from developing and training the AI models to deploying the models in an IBM z/OS® V2R5 environment on IBM z16 hardware, and integrating AI functions into an application, for example an IBM z/OS Customer Information Control System (IBM CICS®) application. We describe performance optimization recommendations and considerations when leveraging AI technology on the IBM zSystems platform, including optimizations for micro-batching in IBM Watson® Machine Learning for z/OS. The benefits that are derived from the solutions also are described in detail, including how the open-source AI framework portability of the IBM zSystems platform enables model development and training to be done anywhere, including on IBM zSystems, and enables easy integration to deploy on IBM zSystems for optimal inferencing. Thus, allowing enterprises to uncover insights at the transaction-level while taking advantage of the speed, depth, and securability of the platform. This publication is intended for technical specialists, site reliability engineers, architects, system programmers, and systems engineers. Technologies that are covered include TensorFlow Serving, WMLz, IBM Cloud Pak® for Data (CP4D), IBM z/OS Container Extensions (zCX), IBM CICS, Open Neural Network Exchange (ONNX), and IBM Deep Learning Compiler (zDLC).