Foundational30 minAnomaly DetectionPrecision vs RecallCost Analysis
ATM Withdrawal Anomaly Flagging
Meridian Federal Bank is a mid-sized US retail bank with roughly 900 ATMs across the Midwest. The Fraud Operations team runs a small manual-review queue staffed by analysts who investigate potentially fraudulent ATM withdrawals flagged by an in-house rules engine.
The internal rules engine flagged a batch of ATM withdrawals over the past quarter as potentially suspicious.
The business question
Which ATM withdrawal patterns should we prioritize for manual review?