---
author: "Eric Priezkalns"
published: "2014-02-27T03:00:30+00:00"
modified: "2015-02-16T19:03:24+00:00"
title: "WeDo Release Upgraded Fraud Management System"
permalink: "https://commsrisk.com/wedo-release-upgraded-fraud-management-system/"
---

# WeDo Release Upgraded Fraud Management System

Portuguese vendor WeDo has announced the release of RAID:FMS 7, the latest version of their fraud management system. Their [press release](http://www.wedotechnologies.com/en/knowledge/press-releases/3101-wedo-technologies-releases-market-s-most-comprehensive-fraud-detection-system) highlights the following enhancements:

- A step-by-step wizard to build customized data mining models;
- New statistical techniques to identify possible frauds and fraudsters; and
- Faster performance at crunching data.

Like other vendors, WeDo has timed the new release to coincide with their attendance at Mobile World Congress.