A business to business (B2B) ecommerce company wants to develop a fair and equitable risk...

Amazon Fraud Detector is a managed service designed to detect potentially fraudulent online activities, such as transactions. It uses machine learning and business rules to classify activities as fraudulent or legitimate, minimizing the need for custom model training. By using the Amazon Fraud Detector prediction API, the company can automatically approve or reject transactions flagged as fraudulent, implementing an efficient risk mitigation strategy without extensive operational effort.

This approach requires minimal setup and effectively allows the company to block fraudulent transactions with high confidence, addressing the business's need to balance risk mitigation and customer impact.