This is interesting: A fraud-detection company built on Google’s Prediction API


Add your t“With FDaaS, suspicious claims are proactively flagged by the system, which alerts IWD employees about potentially fraudulent claims. The claims are plotted on a heatmap built on Google Maps to identify areas with the highest fraud incidents and determine where to put more investigative resources. We also use Google Street View to check the validity of businesses that submit claims.”

Gigaom

If you thought Google’s Prediction API was just a handy tool for web programmers and weekend hackers, think again. A Folsom, Calif.-based startup called Pondera Solutions is pushing what it calls Fraud Detection as a Service, which is based on a variety of Google (s goog) services, including the Prediction API machine learning tool.

Pondera has actually been offering its service since November 2011, but this is the first I’ve heard of it. I spotted it in a Wednesday-morning Google Enterprise blog post announcing that the Iowa Workforce Development agency has selected Pondera to power its unemployment-fraud detection efforts. The agency’s system for analyzing unemployment claims highlights a portion of the Google services Pondera uses:

“With FDaaS, suspicious claims are proactively flagged by the system, which alerts IWD employees about potentially fraudulent claims. The claims are plotted on a heatmap built on Google Maps to identify areas with the highest…

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