Tag Archive for fraud prevention

How PayPal is Using Deep Learning to Root Out Fraud

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by Angela Guess Writing for GigaOM, Derrick Harris recently stated, “Hui Wang has seen the nature of online fraud change a lot in the 11 years she’s been at PayPal. In fact, a continuous evolution of methods is kind of the nature of cybercrime. As the good guys catch onto one approach, the bad guys try…

Forter Launches Fraud-Free Ecommerce Technology at Citi’s Innovation Center

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by Angela Guess A new release out of the company reports, “Forter, an Israeli-based startup that offers online retailers a plug-and-play technology that enables fraud-free ecommerce, is announcing its official launch today at the inauguration event for Citi’s Innovation Center in Tel Aviv, a worldwide fintech innovation center in which Forter developed its technology. At the…

Verizon Launches Fraud Management Software for Health Care

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by Angela Guess Verizon is using predictive data modeling to detect health fraud. According to the article, “The telecommunication giant has just unveiled a new software platform called Verizon Fraud Management for Healthcare, a fraud detection system tailored to the healthcare industry. It uses predictive modeling technology to examine unusual patterns and trends in incoming…