Feds take (baby) steps to fight fraud with analytics

Government agencies have begun, tentatively, to mine their vast stores of data for the public good.

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ID'ing fraud is a good first step, but the power of analytics won't be tapped until agencies can share data more freely. Insider (registration required)

If anybody has big data, it's the federal government. Data about government grants. Records of payments to Medicare providers. Information about worker compensation claims. Financial data on public companies. Demographic data from the U.S. Census.

The possibilities for combining various data in ways that could streamline processes and save taxpayer money seem endless. And yet federal agencies have just started scratching the surface of what may be possible.

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