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

Digital Fraudsters Treat COVID As An Opportunity
Digital Fraudsters Treat COVID As An Opportunity
April 24, 2020  |  Security & Fraud

Incidences of account takeover (ATO) were up 347 percent and shipping fraud skyrocketed 391 percent, respectively, from 2018 to 2019, before anyone except virologists had...

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Stripe Rolls Out Major Updates To Core Payments Platform
Stripe Rolls Out Major Updates To Core Payments Platform
April 23, 2020  |  Digital Payments

Stripe, the San Francisco digital payment platform popular with Shopify, Instacart and other major online retailers, announced major updates to its software on Thursday (April...

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Deep Dive: How Insurance Fraud Hurts Both Companies And Consumers
Deep Dive: How Insurance Fraud Hurts Both Companies And Consumers
April 23, 2020  |  Fraud Prevention

The U.S. insurance industry consists of more than 7,000 companies and collects approximately $1 trillion in premiums each year. Fraudsters are eager to get their...

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How Allstate Leverages AI To Show Insurance Fraudsters The Door
How Allstate Leverages AI To Show Insurance Fraudsters The Door
April 22, 2020  |  Fraud Prevention

Fraudulent claims in the U.S. account for more than $80 billion in payments a year, with legitimate customers paying higher premiums to make up for...

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Allstate On Using AI To Fight Insurance Claims Fraud
Allstate On Using AI To Fight Insurance Claims Fraud
April 21, 2020  |  Fraud Prevention

Cybersecurity experts are scrambling to fight the sheer number of different digital fraud forms that are on the rise, and the ongoing COVID-19 pandemic has...

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Basware Bolsters Invoice Processing With Machine Learning
Basware Bolsters Invoice Processing With Machine Learning
April 20, 2020  |  B2B Payments

Finnish software firm Basware has announced an upgrade of its accounts payable (AP) automation solution to allow increased functionality for invoicing. Basware said its new...

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Deep Dive: How QSRs Can Prevent ATOs With MFA, AI
Deep Dive: How QSRs Can Prevent ATOs With MFA, AI
April 17, 2020  |  Mobile Order Ahead

There is a multitude of fraud concerns that keep quick-service restaurant (QSR) owners up at night, but account takeovers (ATOs) are one of the most...

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