machine learning

Machine learning is a method of data analysis that automates analytical model building. It is a branch of artificial intelligence based on the idea that systems can learn from data, identify patterns and make decisions with minimal human intervention.

Source: sas.com

European Banks Pay for Anti-Money Laundering Failures
European Banks Pay for Anti-Money Laundering Failures
December 15, 2022  |  AML

A string of fines is shining a light on anti-money laundering failures at European banks. First, the U.K.’s Financial Conduct Authority (FCA) slapped Gatehouse Bank...

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CFO Says Taking Cost out of Business Is True Value
CFO Says Taking Cost out of Business Is True Value
December 13, 2022  |  CFO

Amid rising interest rates and a gloomy economy, the notion of providing value has changed. Whether that value is for your own company, or something...

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Fraudsters Winning ROI Battle, But Data May Turn the Tables
Fraudsters Winning ROI Battle, But Data May Turn the Tables
December 12, 2022  |  Security & Fraud

The “ROI” of increasingly efficient fraudsters is often better than the large companies they attack. According to Trish Cox, head of operations at Galileo Financial...

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Amazon Warehouse Robot Will Support and Eventually Replace Workers
Amazon Warehouse Robot Will Support and Eventually Replace Workers
December 05, 2022  |  Amazon

Automated fulfillment solutions represent a compelling next-step evolution for retailers. At least for the giant players. Fresh off the news in October that Walmart had...

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Applied AI Company Raises $42M to Expand in US
Applied AI Company Raises $42M to Expand in US
November 27, 2022  |  Investments

Machine learning (ML) firm Applied AI Company (AAICO) has secured $42 million in funding to help companies in Europe and the U.S. reduce their reliance...

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Strengthening Relations Help Bolster Israel-UAE FinTech Collaboration
Strengthening Relations Help Bolster Israel-UAE FinTech Collaboration
November 24, 2022  |  Fintech Investments

It’s been two years since a U.S.-brokered deal that normalized diplomatic relations between Israel and the United Arab Emirates (UAE) in 2020, leading to the...

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AP Automation Can Save Finance Teams $400 an Invoice
AP Automation Can Save Finance Teams $400 an Invoice
October 17, 2022  |  Accounts Payable

Efficiency is the key to preserving margins in an age where macro-concerns dominate and inflation rages. Chief financial officers (CFOs) and their finance teams are...

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Qolo’s Approach to Fraud-Fighting Technology
Qolo’s Approach to Fraud-Fighting Technology
October 12, 2022  |  Fraud Prevention

In this month’s Digital Fraud Tracker®, Darren Beyer, chief product and strategy officer at Qolo, tells PYMNTS about the year’s most pressing fraud threats and...

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Companies Lean on Biometrics, Machine Learning to Stay ‘One Step Ahead’ of Fraudsters
Companies Lean on Biometrics, Machine Learning to Stay ‘One Step Ahead’ of Fraudsters
September 14, 2022  |  Biometrics

Wessel Matthee, information security compliance manager at Entersekt, told PYMNTS that through the past few years, there’s been a shift in the ways in which...

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