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

Sezzle Takes Aim at BNPL Fraud With AI, Machine Learning
Sezzle Takes Aim at BNPL Fraud With AI, Machine Learning
January 13, 2022  |  Fraud Prevention

In a world where consumers expect everything on demand, the popularity of buy now, pay later (BNPL) has surged for its instant spending power. In...

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How Klarna Uses 100 Different Data Points to Keep BNPL Fraudster-Free
How Klarna Uses 100 Different Data Points to Keep BNPL Fraudster-Free
January 11, 2022  |  Buy Now Pay Later

Alternative payment methods are becoming more popular as time goes on, especially among younger consumers who are less likely to leverage cash, payment cards or...

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How Credit Unions Can Work to Identify and Eliminate Fraud Risks
How Credit Unions Can Work to Identify and Eliminate Fraud Risks
December 30, 2021  |  Credit Unions

Credit unions (CUs) have been known historically for their member-first mentality and intimate face-to-face banking model. This business structure has worked in their favor, but...

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How Advanced Tools Such as AI Can Help CUs Curb Fraud in the Digital Banking Age
How Advanced Tools Such as AI Can Help CUs Curb Fraud in the Digital Banking...
December 29, 2021  |  Credit Unions

Credit unions are fast-tracking the launch of the digital services members want, but rising fraud rates mean they can’t sacrifice security for added digital conveniences....

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AI Algorithms Kick up Levi’s Revenue
AI Algorithms Kick up Levi’s Revenue
December 17, 2021  |  Retail

Levi Strauss & Co.’s Chief Strategy and AI Officer Katia Walsh on Friday (Dec. 17) noted that its Google Cloud-based data collection portal, which uses...

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Deep Dive: How AML/KYC Measures Have Changed as Digital Banking Becomes More Popular
Deep Dive: How AML/KYC Measures Have Changed as Digital Banking Becomes More Popular
December 17, 2021  |  AML

The economy’s digital shift started long before the global health crisis, but the past 20 months have definitely accelerated digital-first trends in eCommerce and banking....

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Banks And Merchants Tap Behavioral Analytics, Deep Learning to Keep Holiday Fraud in Check
Banks And Merchants Tap Behavioral Analytics, Deep Learning to Keep Holiday Fraud in Check
December 14, 2021  |  Fraud Prevention

The pandemic transformed how holiday shoppers secured items in 2020, and researchers expect these trends to continue during this year’s holiday season. PYMNTS’ findings show...

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Lawmakers Warn FinTechs About Potential Bias Baked Into AI-Based Financial Tools
Lawmakers Warn FinTechs About Potential Bias Baked Into AI-Based Financial Tools
November 30, 2021  |  artificial intelligence

As financial technology firms grow from startups into a core part of the financial industry, the already high use of algorithm-based artificial intelligence (AI) is...

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Digital IDs Make the Great Grocery Balancing Act Possible
Digital IDs Make the Great Grocery Balancing Act Possible
November 01, 2021  |  Authentication

Restaurants and supermarkets are under pressure to deliver food quickly, making it essential to have accurate, real-time online fraud filters and payment security tools to verify...

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