# Seven items for a useful fraud pilot

DataXLR8 · Practical project checklist · 2026-09-25

Original recommendations, not an official regulator template or a certification.

Use with the full guide: https://dataxlr8.ai/blog/fraud-monitoring-pilot-evaluation

- [ ] A defined business problem and consistent counting unit.
  - Owner:
  - Evidence:
  - Open question:

- [ ] A shared test population, time boundaries and documented exclusions.
  - Owner:
  - Evidence:
  - Open question:

- [ ] An explicit treatment of delayed, unresolved and disputed outcomes.
  - Owner:
  - Evidence:
  - Open question:

- [ ] Detection and missed-fraud measures beside alert volume and precision.
  - Owner:
  - Evidence:
  - Open question:

- [ ] Results at realistic review capacity, including backlog and time to action.
  - Owner:
  - Evidence:
  - Open question:

- [ ] Customer-impact observations separated from assumed financial benefits.
  - Owner:
  - Evidence:
  - Open question:

- [ ] Named decision owners and agreed conditions to expand, revise or stop.
  - Owner:
  - Evidence:
  - Open question:

## Primary sources

- ULB Machine Learning Group · Fraud Detection Handbook: Validation strategies
  https://fraud-detection-handbook.github.io/fraud-detection-handbook/Chapter_5_ModelValidationAndSelection/ValidationStrategies.html
- ULB Machine Learning Group · Fraud Detection Handbook: Precision top-k metrics
  https://fraud-detection-handbook.github.io/fraud-detection-handbook/Chapter_4_PerformanceMetrics/TopKBased.html
- AUSTRAC: How to monitor your customers
  https://www.austrac.gov.au/industry-and-business/obligations-and-guidance/your-amlctf-program/customer-due-diligence/ongoing-customer-due-diligence/how-monitor-your-customers
- AUSTRAC: Responding to unusual transactions and behaviour
  https://www.austrac.gov.au/industry-and-business/obligations-and-guidance/your-amlctf-program/customer-due-diligence/ongoing-customer-due-diligence/responding-unusual-transactions-and-behaviour

Discuss implementation: https://dataxlr8.ai/contact?intent=business