Ask your question


cora-coiffure Cora |   Apr 04, 2021

Minimum acceptable level of cc fraud detection failure?

No detection method, even ml-based ones, can detect credit card fraud with no mistakes, of course. But what is the generally accepted failure rate? If the rate of false negatives is acceptably small, how much of a false positives rate would be acceptable to companies and customers?

Likes (0) Views (0)