A new press release reports, “Kount, the leading AI-driven fraud prevention solution, today unveiled its Identity Trust Global Network, flipping the script on fraud management from just blocking bad transactions to empowering organizations to unlock previously untapped revenue streams through delivering personalized user experiences. Identity Trust is the ability to establish a real-time level of […]
Feedzai Unveils AutoML to Fight Fraud in a Fraction of the Time
According to a new press release, “Feedzai announced today that it is bringing AutoML to the fraud space, an industry first. By automating tasks such as feature engineering and machine learning model creation, data scientists are now able to create fraud prevention solutions as much as 50 times faster than is possible with the traditional […]
Feedzai Launches OpenML, an Open Machine Learning Engine to Fight Fraud
by Angela Guess According to a recent press release, “Feedzai has launched the Feedzai OpenML Engine, in response to recognizing the need for data science teams to utilize their own tools and expertise. Built on Feedzai’s distributed microservices architecture, this powerful service allows data scientists to bring their preferred machine learning modeling and runtime frameworks, […]
Who is Using Your Identity? Data Theft and Data Security are Legitimate Concerns
Click to learn more about author Cathy Nolan. Identity theft is a two-step process. First, someone steals your personal information or corporate data, which is bad enough, but then the thief uses that information to impersonate you and commit fraud. If someone steals your identity it can create substantial financial risk and be extremely frustrating because […]
Machine Learning a Great Tool to Fight Fraud, But It’s Not Foolproof
by Angela Guess Michael Liberty recently wrote in TheNextWeb, “‘No battleplan ever survives contact with the enemy,’ is one of history’s most telling statements on military strategy. It’s also the philosophy that data scientists, fighting an increasingly sophisticated class of fraudsters, must live by. We’re in the midst of an escalating battle against online fraud. […]