What does 'Fraud Prevention' mean?

Fraud prevention is a key feature in software that helps businesses detect and stop fraudulent activities by unauthorized individuals or groups. It employs various techniques and algorithms to analyze user behavior and identify suspicious patterns or activities. This feature is crucial for businesses, especially in the e-commerce and financial sectors, where the risk of fraud is high. One of the primary techniques used in fraud prevention includes transaction monitoring. This feature tracks and evaluates transactions in real-time, comparing them against pre-defined rules and criteria. Any deviation from