Using Redis for Low Latency Fraud Prevention | Redis Labs

Time is money, and the difference between milliseconds and microseconds can mean the difference between big profits or losses. In modern business low latency is important, but it’s critical in banking and financial services, especially since fraud has grown to epidemic proportions. Fraudulent charges are costing companies billions of dollars, and that’s why it’s important for IT decision makers in financial services to measure latency in microseconds. A low-latency, scalable, in-memory data store like Redis can enable organizations to architect to meet this critical business need. Drawing from first principles and best practices, learn how to architect to prevent fraud in milliseconds.

Key Takeaways:
*Understand the importance of fraud prevention, especially given the rise of digitalization
*Become familiar with first principles of real-time data fraud prevention, and its associated platform components
*Appreciate the technical merits of in-memory databases such as Redis in facilitating this architecture
*Learn best practices of implementing low latency fraud prevention based on examples from the industry related to 1) e-mail fraud and 2) payment fraud

Видео Using Redis for Low Latency Fraud Prevention | Redis Labs канала RE•WORK