{"id":125490,"date":"2023-08-07T15:10:38","date_gmt":"2023-08-07T15:10:38","guid":{"rendered":"https:\/\/feedzai.com\/?p=125490"},"modified":"2024-04-09T09:12:34","modified_gmt":"2024-04-09T09:12:34","slug":"data-science-in-days-not-weeks-with-feedzais-automl","status":"publish","type":"post","link":"https:\/\/feedzai.com\/data-science-in-days-not-weeks-with-feedzais-automl\/","title":{"rendered":"Data Science in Days, Not Weeks with Feedzai\u2019s AutoML"},"content":{"rendered":"
[vc_row row_height_percent=”0″ override_padding=”yes” h_padding=”2″ top_padding=”1″ bottom_padding=”2″ overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column width=”1\/1″][vc_row_inner][vc_column_inner width=”1\/12″][\/vc_column_inner][vc_column_inner width=”10\/12″][vc_single_image media=”125492″ dynamic=”yes” media_width_percent=”100″ uncode_shortcode_id=”181630″][\/vc_column_inner][vc_column_inner width=”1\/12″][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_visibility=”yes” mobile_width=”0″ width=”2\/12″][\/vc_column_inner][vc_column_inner width=”8\/12″][vc_custom_heading heading_semantic=”h3″ text_size=”h3″ text_weight=”400″ uncode_shortcode_id=”134222″]As the old saying goes, time and tide wait for no one. This is a reality the data science community understands all too well, facing an unflinching tide of new fraud threats. Fortunately, Feedzai\u2019s Automated Machine Learning (AutoML) is turning the tide in the anti-fraud fight in data scientists\u2019 favor and providing them more time to focus on long-term agenda items.<\/span>[\/vc_custom_heading][vc_column_text uncode_shortcode_id=”155749″]In the swiftly evolving realm of financial crime, data scientists cannot afford to lag. However, traditional data science workflows are laborious and time-consuming, obstructing the swift response needed to tackle new threats. Feedzai’s AutoML revolutionizes the way data scientists combat fraud, automating key elements of the data science process.<\/span><\/p>\n Data scientists grapple with three significant hurdles in their work.<\/span><\/p>\n These challenges can delay the deployment of vital solutions by adding friction to the data science workflow. The typical workflow of a data scientist includes:<\/span>[\/vc_column_text][vc_single_image media=”125509″ media_width_percent=”100″ uncode_shortcode_id=”117541″ el_class=”hide-in-mobile”][vc_single_image media=”125513″ media_width_percent=”100″ uncode_shortcode_id=”175517″ el_class=”hide-in-desktop-tablet”][vc_column_text uncode_shortcode_id=”193538″]<\/p>\n This multi-step workflow can extend the machine learning model deployment process and postpone the release of crucial solutions. All in all, the current process can take up to 12 weeks, require input from at least two data scientists, and distract data scientists from concentrating on essential long-term tasks.<\/span><\/p>\n Feedzai’s AutoML aims to address these pain points by automating critical tasks in the data science workflow, slashing deployment time from weeks to mere days. This enhancement allows data science teams to iterate models quicker and focus on more impactful tasks, like identifying new business applications and leveraging new data sources. AutoML enables a single data scientist to handle multiple use cases simultaneously, leading to faster action across several channels.<\/span>[\/vc_column_text][vc_single_image media=”125416″ media_width_percent=”100″ uncode_shortcode_id=”163627″ media_link=”url:https%3A%2F%2Fhubs.la%2FQ01-dbS10|target:_blank”][vc_column_text uncode_shortcode_id=”449110″]<\/p>\n AutoML handles data cleaning and formatting tasks, including the conversion of transactions from different countries into a preferred currency or filling in missing state fields based on zip and country codes.<\/span><\/p>\n AutoML uses semantic-based feature engineering, drawing on Feedzai\u2019s extensive experience in combating financial crime, to generate meaningful domain-specific features.<\/span><\/p>\n AutoML employs an advanced tree-based method that considers feature interactions for feature selection, mitigating overfitting and boosting model interpretability.<\/span><\/p>\n AutoML is adept at training multiple machine learning algorithms and fine-tuning models through hyperparameter optimization techniques.<\/span><\/p>\n OpenML Integration. <\/b>Feedzai’s AutoML integrates smoothly with OpenML, offering standard APIs that allow teams to import or integrate the best open-source and third-party models into Feedzai’s platform.<\/span><\/p>\n AutoML provides four key enhancements to the typical data science workflow:<\/span><\/p>\n Feedzai’s AutoML also simplifies the generation of standard model governance reports, thereby reducing report preparation time from two weeks to a few days, a boon during audits.<\/span><\/p>\n Feedzai’s AutoML is a game-changer in the fight against evolving fraud threats, enabling data scientists to rapidly respond to emerging fraud patterns. By automating key steps in the data science workflow, deployment time reduces dramatically, freeing up data scientists to spearhead the discovery of new business use cases and detect new fraud patterns more rapidly.<\/span><\/p>\n Time and tide may wait for no one. But Feedzai\u2019s AutoML gives data scientists a much-needed tool to quickly respond to the rising tide of new fraud threats and refocus their time on long-term objectives. <\/span>[\/vc_column_text][\/vc_column_inner][vc_column_inner column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_visibility=”yes” mobile_width=”0″ width=”2\/12″][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":" As the old saying goes, time and tide wait for no one. This is a reality the data science community understands all too well, facing an unflinching tide of new fraud threats. Fortunately, Feedzai\u2019s Automated Machine Learning (AutoML) is turning the tide in the anti-fraud fight in data scientists\u2019 favor and providing them more time to focus on long-term agenda items.<\/p>\n","protected":false},"author":88,"featured_media":125496,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[76],"tags":[501,151,77],"acf":[],"yoast_head":"\n3 Key Data Scientist Challenges<\/span><\/h3>\n
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Unpacking the Data Scientist Workflow<\/span><\/h3>\n
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Transforming Data Science with Feedzai\u2019s AutoML Solution<\/span><\/h3>\n
AutoML augments the data science workflow in the following ways:<\/span><\/h3>\n
Automated Data Preparation<\/h4>\n
Enhanced Data Engineering<\/h4>\n
Optimized Feature Selection\u00a0<\/span><\/h4>\n
Automated Model Selection and Optimization<\/h4>\n
\n