The Linux Foundation Uses Open Source Platform to Combat Financial Fraud


Last week, the Linux Foundation announced the launch of an open source platform for monitoring digital financial transactions.

Tazama is a new platform designed to provide powerful, scalable, and cost-effective monitoring of digital payments, as well as fraud detection and AML compliance. The platform evaluates transactions before they are completed to detect fraud, sends specifically formatted messages to an API, and allows users to customize detection behavior using configuration files that are separate from the execution code.

Based on the rules established for single evaluation tasks, the platform can provide clear assessments of transaction behaviors.

Read More: Linux Foundation Tackles Financial Fraud With Open Source Platform

Check Out The New ITsecuritywire Podcast. For more such updates follow us on Google News ITsecuritywire News.