Click to learn more about author Asha Saxena. You can’t seem to get away from seeing tech headlines about how many companies want to adopt or use AI for their Business Intelligence applications and technologies. From a Forbes article titled ‘“Preparing Your Business For The Artificial Intelligence Revolution” to a Martech advisor one called “How to […]
First Data Launches New Merchant Solution to Prevent Fraud Across All Commerce Channels
by Angela Guess According to a recent press release, “First Data, a global leader in commerce-enabling technology, today announced the launch of Fraud Detect, a comprehensive fraud solution for merchants around the world. Fraud Detect leverages artificial intelligence and machine learning, fraud scoring, cybersecurity intelligence, and information from the Dark Web to provide merchants with […]
Machine Learning Algorithms Today: Usage and Results
Machine Learning algorithms can predict patterns based on previous experiences. The overarching practice of Machine Learning includes both robotics (dealing with the real world) and the processing of data (the computer’s equivalent of thinking). These algorithms find predictable, repeatable patterns that can be applied to eCommerce, Data Management, and new technologies such as driverless cars. […]
Mastercard Rolls out Artificial Intelligence across Its Global Network
by Angela Guess A new press release reports, “Mastercard today introduced Decision Intelligence, a comprehensive decision and fraud detection service. The solution uses artificial intelligence technology to help financial institutions increase the accuracy of real-time approvals of genuine transactions and reduce false declines. This is the first use of AI being implemented on a global […]
iovation Launches Sophisticated Machine Learning Fraud Detection Solution
by Angela Guess A recent press release reports, “iovation, the leading provider of device-based solutions for authentication and fraud prevention, today announced the launch of iovationScore. The unprecedented scale of iovationScore’s global device network along with its highly advanced use of adaptive algorithms make iovationScore the industry’s most robust machine learning fraud detection solution. It […]
American Express’s Use of Big Data and Machine Learning
by Angela Guess Bernard Marr writes in Data Informed, “American Express handles more than 25 percent of credit card activity in the United States and, in 2014, surpassed handling $1 trillion in transactions. The company interacts with people on both sides of transactions: millions of businesses and millions of buyers. So it’s no surprise then […]