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The traditional fraud detection model is based on a static rules-based system, also referred to as a production or expert system. Although these systems have been effective for a long time, some of their major disadvantages make them unsuitable for modern digital environments.

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Fraud-Detection-Model

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The traditional fraud detection model is based on a static rules-based system, also referred to as a production or expert system. Although these systems have been effective for a long time, some of their major disadvantages make them unsuitable for modern digital environments.

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