Author:Paul Bookstaber

Acquirers’ Top 3 Challenges in a Changing Commerce Landscape

Acquirers are experiencing pressure on all sides. Evolving competition, declining profits, and increased incidence of fraud all challenge the established business models that acquirers have lived by. Among these pressures, acquirers face three particularly urgent challenges that will need to be addressed.

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Nuno Sebastiao to CNBC: “There is a Need in This Space for a Fully Independent Company”

Feedzai CEO Nuno Sebastiao spoke with CNBC from the floor of Money20/20 Asia this week, where he fielded questions about the state of machine learning for fraud, evolving criminal tactics, and Feedzai’s future.

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At Banks, A Data Science Arms Race

It is only in recent years that some banks have created data science teams, and these teams are growing at a rapid pace. In this new climate, banks are finding that the tools that make their data scientists happy are the same tools that will help them beat fraud.

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“Fraudsters Just Look Different” And Other Trends From Our Quarterly Report

We’ve launched our Q1 Fraud Trends Report, revealing original insights from Feedzai Research that show fraudsters are attacking in methods that are faster and faster – and continuously new. The time horizon for responding to new fraud is shrinking. That’s why we’re calling the report: The Future is Now.

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Nuno Sebastiao Went to Money20/20 Asia and Said: “AI Is Not Enough”

Just a couple weeks after Feedzai launched an APAC office in Hong Kong, we went to Money20/20 Asia in Singapore, where our CEO and co-founder Nuno Sebastiao spoke on the main stage. “AI is not enough,” he said.

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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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