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

No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed
No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed
October 19, 2021  |  Fraud Prevention

Digital fraud is a constant menace for businesses and individuals, with merchants around the globe expecting to lose more than $20 billion to fraud in...

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HIFI Acquires The Music Fund Bringing AI to Bear on Sluggish Creator Economy Payments
HIFI Acquires The Music Fund Bringing AI to Bear on Sluggish Creator Economy Payments
September 30, 2021  |  Payment Methods

In the latest news, artists’ financial rights organization HIFI is acquiring royalty payments FinTech The Music Fund (TMF) in a deal aimed at addressing the notion of a starving artist....

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PYMNTS Data: FIs’ Adoption of Fraud Detection Tech Has Tripled Since 2018
PYMNTS Data: FIs’ Adoption of Fraud Detection Tech Has Tripled Since 2018
September 15, 2021  |  Fraud Prevention

Financial institutions (FIs) want to reduce fraud, but at the same time don’t want to create false positives, which is the flagging of legitimate customers...

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Wells Fargo Unveils AI-Boosted Integrated Receivables Service
Wells Fargo Unveils AI-Boosted Integrated Receivables Service
September 08, 2021  |  B2B Payments

Wells Fargo & Company announced on Wednesday (Sept. 8) the availability of Integrated Receivables, a new accounts receivable (AR) service rooted in artificial intelligence (AI),...

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Report: What 100 Healthcare Execs Had to Say About Using AI to Stop Fraud, Waste and Abuse
Report: What 100 Healthcare Execs Had to Say About Using AI to Stop Fraud, Waste...
September 03, 2021  |  Artificial Intelligence

The average United States healthcare insurer has 22% of all claims flagged for fraud, waste and abuse (FWA) investigation, costing them roughly 12% of the...

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The ‘Subscription Goldilocks Zone’ Is Within Reach For Merchants Using AI & ML
The ‘Subscription Goldilocks Zone’ Is Within Reach For Merchants Using AI & ML
August 04, 2021  |  Subscriptions

Everyone has a story of their subscription service going wrong. The Ziploc bag collection that ran out of control that has taken over the basement....

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Report: APIs Reduce Compliance Frictions For Cross-Border Merchants
Report: APIs Reduce Compliance Frictions For Cross-Border Merchants
July 15, 2021  |  Cross-border Payments

The international eCommerce space has flourished since March 2020. Consumers around the globe have been shifting to shopping and transacting online, giving eTailers all-new opportunities...

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Retailers Turn To AI/ML To Align Physical Shelf Requirements With Digitally Derived Insights  
Retailers Turn To AI/ML To Align Physical Shelf Requirements With Digitally Derived Insights  
July 13, 2021  |  Retail

As the uptake and deployment of eCommerce continues to soar, retailers and brands are increasingly looking for ways to make their stores as connected as...

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How AI And Machine Learning Can Address Banks’ Fraud-Fighting Weaknesses
How AI And Machine Learning Can Address Banks’ Fraud-Fighting Weaknesses
July 09, 2021  |  Fraud Prevention

Cybersecurity is of the utmost concern for financial institutions (FIs) of all types, ranging from community credit unions to multibillion-dollar international banking conglomerates to everyday...

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