Author:Paul Bookstaber

How Can a Fraud System Be the Key to Unlocking Merchant Innovation?

This is an innovation arms race. Large merchants aren’t just innovating against other merchants, but against fraudsters too. While your strategy teams are having meetings and conference calls, trying to predict the coming innovation inflection points of the next 5 years, fraudsters are having meetings of their own.

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Forget About the Algorithms – It’s the Data that Prevents Fraud

Myth: it’s all about the algorithm. Reality: it’s all about the data the training data, the sources of data, and the quality of the data.

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AI Trends to Watch in 2018

AI breakthroughs are piling up rapidly, one after another. Here are three trends that we predict for the coming year.

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How Banks Can Detect Sleeper Fraud the Moment It Wakes Up

If only we could read a consumer’s intentions, we’d know whether the person opening an account has this secret goal in mind: to wait for time to pass, then commit fraud. One person will make a purchase using a line of credit, never pay it back, and disappear. Another person will build good credit history, open several new accounts, and then suddenly stop making payments.

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Nuno Sebastiao and Stephen Hawking Share the Stage at Web Summit 2017

What does a Silicon Valley CEO and a “Theory of Everything” physics legend have in common? They both shared the stage at Web Summit, and they both sounded the need for an AI Code of Ethics as humans begin to weave artificial intelligence into the fabric of our lives.

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AI Visionaries and Overflowing Crowds at AI Deep Dive

Feedzai curated an all-star AI line-up in Las Vegas on Sunday, in partnership with Money20/20, with an “AI Deep Dive” event that kicked off the annual conference on the future of money.

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A New Timescale for Fraud Science: Insights from Our CSO

At Feedzai, we continue to break records in how quickly we begin delivering value to our customers. Speed of data science is important. The faster we can test and deploy new models, the sooner we can test multiple scenarios of rules and models and get

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Operationalizing Machine Learning for Fraud: Human + Machine Learning is the Best of Both

Fraudsters are leveraging every tool and strategy they can to take advantage of large organizations. They are breaching big data exposures, wielding new technology, and manipulating vulnerabilities in the market complexity itself. At the same time, the industry is going increasingly real-time to meet customer

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Easing Into Machine Learning for PSD2: An Interview with Our VP of French Sales

Jean-Damien Rubal has joined Feedzai to bring AI innovation to the French market. His arrival to Feedzai comes just as organizations are preparing for a post-PSD2 world, where new kinds of payments spell new risks – and new opportunities. What do you predict in these

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“How’s the View?” And Other Questions for Our New VP of German Sales

Our new VP of Sales in Germany, Steffen Schreiber, comes to us with deep experience in payments technology, working with organizations like J.P. Morgan and Adyen. Read on to hear his thoughts on German banking trends, the advent of PSD2, and why Feedzai is the right place to be in the year 2017.

What are the particular challenges you’re seeing with payments in Germany?

PSD2 is top of mind in Germany as banks face new non-bank innovators entering the payments ecosystem. These new players pose threats to German banks, since PSD2 is giving innovators full access to customer bases that used to be exclusive to large banks.

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