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

Scotiabank: Slow But Steady Wins the AI Fraud Race
Scotiabank: Slow But Steady Wins the AI Fraud Race
November 19, 2019  |  Digital Banking

The fact that fraud is on the rise is not new, nor is it surprising that banks are turning to artificial intelligence (AI) and machine...

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Deep Dive: The Many Roads To Digital-First Banking
Deep Dive: The Many Roads To Digital-First Banking
November 15, 2019  |  Banking

PYMNTS’ Where Will We Bank Next? Survey found that banking customers are increasingly placing a higher value on convenience, personal data security and appealing products....

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Visa: Using AI To Separate The Good, Bad — Across Billions Of Daily Security Events
Visa: Using AI To Separate The Good, Bad — Across Billions Of Daily Security Events
November 14, 2019  |  VISA

Three billion credit and debit cards. More than 100 billion transactions, worth more than $11 trillion. That’s the payments volume running over Visa’s global network, a...

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BlackBerry On 5G And The IoT Security Problems That Must Be Fixed
BlackBerry On 5G And The IoT Security Problems That Must Be Fixed
November 13, 2019  |  Intelligence of Things

The promises of 5G include faster connectivity and more opportunity for Intelligence of Things (IoT) providers, but security threats from unregistered IoT devices and untested...

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As Fraud Feeds On Data, FIs Harness It With AI
As Fraud Feeds On Data, FIs Harness It With AI
November 12, 2019  |  Data

Last month, Nasdaq began using an artificial intelligence (AI)-powered tool to flag suspicious trades. The machine learning tool got up to speed after a year...

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How Humans, Machines Can Join Forces To Catch Payments Fraud
How Humans, Machines Can Join Forces To Catch Payments Fraud
November 12, 2019  |  Artificial Intelligence

To catch payments fraud, man and machine must work together. To that end, PSCU said last month that it has chosen NICE Actimize to modernize...

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Deep Dive: How Data Provides Businesses With Competitive Analytics
Deep Dive: How Data Provides Businesses With Competitive Analytics
November 11, 2019  |  Fraud Prevention

Businesses from a wide variety of industries must handle troves of data as they continue to crack down on fraud. Making sense of such large...

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Keeping On-Demand Professional Services Fraud-Free
Keeping On-Demand Professional Services Fraud-Free
November 08, 2019  |  Fraud Prevention

Catching fraudsters can feel like a game of whack-a-mole for marketplaces that must carefully vet both buyers and sellers. The key, says Oisin Hanrahan, CEO...

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How Handy Uses Data To Find Fraudsters Before They Strike
How Handy Uses Data To Find Fraudsters Before They Strike
November 07, 2019  |  Fraud Prevention

Fraudsters are constantly reinventing their approach to schemes, putting businesses and eCommerce merchants in a precarious position of responding to constantly-evolving fraud threats. In other...

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