By Soroush Saki

How data science is fighting financial fraud

TEHRAN - In a world where nearly every transaction happens online, from mobile banking to e-commerce and digital investments, financial fraud has evolved into one of the most pressing challenges of our time. Traditional methods of detecting fraud, once sufficient for catching suspicious activity, are now struggling to keep up with the speed and sophistication of modern cybercriminals. To stay ahead, financial institutions are turning to a powerful ally: data science.