Global Payments Processor Finds Fraud with Hadoop while Saving $30 Million

The global information security group within this payment processor spun up a Hadoop cluster on Cloudera Enterprise to support exploratory analytics that couldn’t run on the EDW.

Date: Tuesday, Jul 16 2013

Description

By augmenting their data warehouse with Hadoop for exploratory analysis, this financial services firm is better equipped to identify and prevent fraud. In one particular case, a third party notified the payment processor that they’d caught an incidence of fraud that had only been happening for two weeks. The firm’s global information security group decided to check into it by looking at the long-term detailed data in their CDH cluster.

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