Synthetic Data Generation for Fraud Detection using GANs

Understand

Detecting money laundering in gambling is becoming increasingly challenging for the gambling industry as consumers migrate to online channels.

• Whilst increasingly stringent regulations have been applied over the years to prevent money laundering in gambling, despite this, online gambling is still a channel for criminals to spend proceeds from crime.
• Complementing online gambling's growth more concerns are raised to its effects compared with gambling in traditional, physical formats, as it might introduce higher levels of problem gambling or fraudulent behaviour due to its nature of immediate interaction with online gambling experience.
• However, in most cases the main issue when organisations try to tackle those areas is the absence of high quality data.