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Huawei to boost its fraud detection solution with VoltDB

Friday 21 April 2017 09:19 CET | News

Huawei, a Chinese multinational networking and telecommunications equipment and services company, has selected VoltDB to boost its financial services fraud detection solution FusionInsight.

VoltDB provides an in-memory transactional database for applications that require data scale, volume, and accuracy. The solution supports all three modern application data requirements: VoltDB processes data points from millions of users and sources; ingests, analyzes, and acts on data in milliseconds; and data managed by VoltDB is accurate, for all decisions.

Chinas enterprises and retail financial services institutions use Big Data solutions like Huawei’s FusionInsight platform to implement real-time history queries, credit investigations and build new event marketing services focused on customer-oriented precision marketing. Therefore using VoltDB, the Chinese tech company’s platform will bring credit card fraud detection latencies down, from current batch processing windows to real-time responses.


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Keywords: Huawei, FusionInsight, VoltDB, big data, data base, security, fraud prevention, China, Asia
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






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