The Infleqtion team is looking forward to participating in TechChicago Day - the flagship event for TechChicago Week 2023 hosted by P33 and World Business Chicago.
In this workshop, we'll explore the evolution of credit card fraud detection from classical to quantum-inspired techniques.
We'll start by examining classical methods like Benford's Law, used to detect numerical irregularities, and Isolation Forest, a machine learning technique that spots anomalies in data. We'll show these results with PowerBI data visualizations.
We then transition to quantum-inspired methods. Here, we'll compare traditional Support Vector Machine (SVM), a classification tool, to Quantum Inspired SVM (QISVM), which employs quantum principles for improved efficiency and accuracy. We'll demonstrate QISVM code in action.
Finally, we'll engage in a Q&A session to address any questions about these quantum techniques in fraud detection. Our goal is to demystify quantum computing's role in revolutionizing the way we handle credit card fraud detection.