Trending Courses

Principals

Skip Navigation Links

Overview

IBM Safer Payments is an innovative real-time payment fraud prevention and detection solution for all cashless payment types. IBM Safer Payments provides not only model capabilities based on inbuilt tools, but also the option to import externally built fraud models for real-time decisioning.

In this course, all of the IBM Safer Payments model capabilities are presented in details. The following modelling concepts are covered: index, profiling techniques (with and without index sequence), model components comprised of rulesets, PMML, Python and Internal Random Forest, elements of the simulation environment including Rule Generation and Internal Random Forest, as well as the sampling techniques. All these concepts will be followed by the hands-on exercises that students are expected to execute.
img-course-overview.jpg

What You'll Learn

  • Mandator Structure and its elements
  • Sandbox Enviornment
  • Modeling Concepts in Safer Payments
  • Index for Profiling
  • Profiling based on index with sequence
  • Profiling based on index without sequence
  • Profiling using Formula
  • Ruleset/Rule Creation/ Rule Action
  • Simulation Workflow
  • Simulation: Data Selection and Sampling techniques
  • Simulation: Attribute usage
  • Simulation: Rule Analysis
  • Simulation: Rule Performane
  • Simulation: Rule Scoring
  • Simulation: Rule optimization
  • Inbuild Model Components: Rule Generation
  • Inbuild Model Components: Random Forest
  • Supported external Model Components: PMML
  • Supported external Model Components: Python
  • Collusion Algorithm

Who Should Attend

IBM Safer Payments users (Fraud Analysts, Fraud Investigators and optional: System Administrators), IBM Lab experts, and IBM Business Partners.
img-who-should-learn.png

Prerequisites

  • Business knowledge
  • Some familiarity with statistical models
  • Understanding Safer Payments data inputs concepts

Learning Journey

Coming Soon...

Mandator Structure and its elements 

  • Understand Safer Payments structure
  • Answer the Hierarchy question 
  • Prioritization Execution 

Sandbox Environment

  • Understand Champion/Challenger Concepts 
  • How to promote a model to production 
  • How to copy elements from other challengers 
  • How to revert the model in production 

Modeling Concepts in Safer Payments 

  • Understand at the high level the inbuilt techniques vs external model capabilities 
  • Answer the question of what are the Inbuild Model Capabilities 
  • Answer the question of what are supported external Model Capability to Safer Payments 

Index for Profiling 

  • Understand the basis of profiling in Safer Payments 
  • Create Index without sequence 
  • Create Index with sequence 

Profiling based on index with sequence 

  • Understand Profiling concepts based on index with sequence
  • Build a counter 
  • Build a precedent
  • Build a pattern 

Profiling based on index without sequence 

  • Understand Profiling concepts based on index without sequence 
  • Build a calendar 
  • Build an event 
  • Build device identification 

Profiling using Formula 

  • Ability to create a formula 

Ruleset/Rule Creation/ Rule Action 

  • Understand Rulesets and Rules 
  • Build a Ruleset 
  • Build a Rule 
  • Create a Rule Action 

Simulation Workflow

  • Understand The Simulation Environment and workflow 

Simulation: Data Selection and Sampling techniques

  • Understand data selection for simulation 
  • Select data selections for simulation
  • Sample the data selection 
  • Run the simulation 

Simulation: Attribute usage 

  • Understand the role of the attribute usage settings 
  • Select attributes for simulation
  • Run the simulation

Simulation: Rule Analysis 

  • Understand the concept of the Rule Analysis 
  • Create a Rule Analysis 
  • Analyse a Rule Analysis 

Simulation: Rule Performance 

  • Understand the concept of the Rule Performance
  • Create a Rule Performance 
  • Analyse Rule Performance 

Simulation: Rule Scoring 

  • Understand the concept of the Rule Scoring 
  • Create a Rule Scoring

Simulation: Rule optimization 

  • Understand the concept of Rule Optimization
  • Create a Rule Optimization Report 

Inbuild Model Components: Rule Generation 

  • Understand the concept behind Rule Generation 
  • Understand the setting parameters 
  • Use of verification data set and training data set 
  • Use Interactive Mode for Rule Generation
  • Analyse the Rule Designer parameters 
  • Use Fully automated Mode of Rule Generation 

Inbuild Model Components: Random Forest 

  • Understand the concept of Internal Random Forest 
  • Understand the setting parameters 
  • Use of verification data set and training data set 
  • Run and Analyse results 

Supported external Model Components: PMML

  • Understand how to import a PMML model into IBM Safer Payments 
  • Understand how to map inputs and outputs of the model 
  • Understand how to use PMML for decisioning 

Supported external Model Components: Python 

  • Understand how to import a python script into IBM Safer Payments 
  • Use python for pre-processing rules Use python for formula
  • Use python for modelling 

Collusion Algorithm 

  • Understand the concept of the Collusion Algorithm 
  • Understand how to set up a collusion algorithm: manually and automatically 
  • Create and simulate the Collusion
  • How to invoke the collusion algorithm

Instructors

Scott Duffy

Bestselling Azure & TOGAF® Trainer, Microsoft Azure MVP

4.8 (4.1k)
|
10 Courses
profile-instructor-a.png
Scott Duffy

Bestselling Azure & TOGAF® Trainer, Microsoft Azure MVP

4.8 (4.1k)
|
10 Courses
profile-instructor-a.png

Frequently Asked Questions (FAQs)

  • Why get IBM certified?

    IBM certifications validate your skills and expertise in a wide range of technologies, including hybrid cloud, data & AI, security, IT infrastructure, and business applications.

    These certifications are globally recognized and can help you advance your career, increase your earning potential, and demonstrate your commitment to professional development.

    IBM-certified professionals are in high demand, making them valuable assets to any organization seeking to leverage IBM's innovative solutions.

  • What to expect for the examination?

    IBM offers a variety of certification exams at different levels (Basic, Intermediate, and Advanced) covering various technologies and job roles.

    Exams typically consist of multiple-choice questions and may include scenario-based questions that assess your ability to apply your knowledge in real-world situations.

    Note: Certification requirements and policies may be updated by IBM from time to time. We apologize for any discrepancies; do get in touch with us if you have any questions.

  • How long is IBM certification valid for?

    The validity period of IBM certifications varies. Some certifications, particularly those focused on specific product versions or technologies, may have expiration dates.

    However, many IBM certifications, especially those focused on broader skills or newer technologies, do not have an expiration date.

    Note: Certification requirements and policies may be updated by IBM from time to time. We apologize for any discrepancies; do get in touch with us if you have any questions.

  • Why take this course with Trainocate?

    Here’s what sets us apart:

    - Global Reach, Localized Accessibility: Benefit from our geographically diverse training hubs in 16 countries (and counting!).

    - Top-Rated Instructors: Our team of subject matter experts (with high average CSAT and MTM scores) are passionate to help you accelerate your digital transformation.

    - Customized Training Solutions: Choose from on-site, virtual classrooms, or self-paced learning to fit your organization and individual needs.

    - Experiential Learning: Dive into interactive training with our curated lesson plans. Participate in hands-on labs, solve real-world challenges, and take on comprehensive assessments.

    - Learn From The Best: With 30+ authorized training partnerships and countless awards from Microsoft, AWS, Google – you're guaranteed learning from the industry's elite.

    - Your Bridge To Success: We provide up-to-date course materials, helpful exam guides, and dedicated support to validate your expertise and elevate your career.

Keep Exploring

Course Curriculum

Training Schedule

Exam & Certification

Frequently Asked Questions

img-improve-career.jpg

Improve yourself and your career by taking this course.

More Courses By IBM

Browse All Courses
es90g-advanced-parallel-sysplex-operations-and-recovery-workshop-training
System Z

Advanced Parallel Sysplex Operations and Recovery Workshop

ES90G - Advanced Parallel Sysplex Operations and Recovery Workshop
ILT VILT
Course Duration 5 Days
b6258g-ibm-cognos-analytics-author-reports-fundamentals-v11
IBM Analytics

IBM Cognos Analytics: Author Reports Fundamentals v11.1.x

This course provides authors with an introduction to build reports using Cognos Analytics.
ILT VILT
Course Duration 3 Days
esb3g-ibm-z-os-management-facility-implementation-and-use-2-1-training
System Z

IBM z/OS Management Facility Implementation and Use 2.1

This course is designed to provide you with the skills required to install and customize, and use the functions and features provided by z/OSMF.
ILT VILT
Course Duration 3 Days
img-get-info.jpg

Ready to Take Your Business from Great to Awesome?

Level-up by partnering with Trainocate. Get in touch today.

Name
Email
Phone
I'm inquiring for
Inquiry Details

By providing your contact details, you agree to our Privacy Policy.

Stay Connected. Be the first to Know.

Company

Principals

Services

Customer Service

© Copyright Trainocate 2024. All rights reserved.