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

How Pre-Authorization Risk Checks Are Payments Wave Of The Future
How Pre-Authorization Risk Checks Are Payments Wave Of The Future
October 17, 2019  |  Consumer Authentication

The earlier, the better, right? That ancient wisdom would certainly seem to hold true in this quickly changing world of payments, a world being shaped...

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Outback Steakhouse Pilots Machine Learning Tech
Outback Steakhouse Pilots Machine Learning Tech
October 16, 2019  |  Retail

At multiple restaurants operated by one of its franchisees, Outback Steakhouse is testing machine learning (ML) technology from Presto. The test is focused on the restaurant lobby,...

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REPORT: 22 Payments Execs Get Real About AI
REPORT: 22 Payments Execs Get Real About AI
October 15, 2019  |  Artificial Intelligence

Artificial intelligence has not been adopted to the level at which some futurists might have envisioned — we’re not at the mercy of the robots,...

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How Synchrony Financial Is Upgrading Its AML Strategy
How Synchrony Financial Is Upgrading Its AML Strategy
October 11, 2019  |  Digital Banking

Lax anti-money laundering (AML) systems have cost FIs more than $8 billion in fines this year alone — and maintaining compliance without compromising the user...

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Deep Dive: Unsupervised Machine Learning Steps Up To Fight Fraud
Deep Dive: Unsupervised Machine Learning Steps Up To Fight Fraud
October 03, 2019  |  Fraud Prevention

Fraudsters are getting increasingly creative when stealing money and data, but many FIs, FinTechs and merchants are still taking established approaches to fraud, reacting to...

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How More FIs Are Playing Offense Against Digital Fraud
How More FIs Are Playing Offense Against Digital Fraud
October 03, 2019  |  Fraud Prevention

This week, Mastercard launched Threat Scan, a global solution to help banks spot authorization weaknesses before a breach occurs. This new product is in line with recent...

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Small Business Loan Fraud Puts FinServ On High Alert
Small Business Loan Fraud Puts FinServ On High Alert
October 03, 2019  |  B2B Payments

Though fraud technology has evolved to combat the monster of payments fraud, there is a growth threat for banks that innovators are also paying attention...

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Chase Taps Machine Learning For Proactive Approach To Fraud
Chase Taps Machine Learning For Proactive Approach To Fraud
October 02, 2019  |  Fraud Prevention

Banks have a Goldilocks problem: Authentication processes can’t be too rigorous for legitimate consumers, but also can’t be too lax so that fraudsters can easily...

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Could DoorDash Data Breach Stoke Mobile Ordering Fears?
Could DoorDash Data Breach Stoke Mobile Ordering Fears?
October 01, 2019  |  Security & Fraud

Another day, another data breach – at least it seems that way sometimes. The latest involves DoorDash, and reportedly impacted around 4.9 million consumers, delivery...

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