Tag Archive for fraud prevention

How PayPal is Using Deep Learning to Root Out Fraud


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


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


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…