Data Science

The Future of Risk: Beyond One-Dimensional Machine Learning

The world of fraud is ever-changing. As modern fraudsters become more creative and sophisticated in their attack methods, modern enterprises have to be responsive and holistic in their approach to detecting and preventing fraud in their systems. Prakash Santhana is the Managing Director for Payments

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Using Advanced Natural Language Generation to Communicate Data Insights at Scale

In a world awash in data, organizations are clamoring for information about what that data tells us about the environment we live in. That’s the message that Kristian Hammond, Chief Scientist and co-founder of Narrative Science, presented during a talk at the Real Machine Summit

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The Antidote to Financial Data Breaches

In February 2016, Wendy’s reported a potentially massive data breach across hundreds of restaurants in its network of 6,500 locations. It turned out that the point-of-sale systems for over 1,000 franchisee locations in its network were infected by a malware since the fall of 2015, the extent of

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14 Things Banks Should Look For In A Decision Engine Optimized For Digital Transformation

By Jon Pearson, Sales Director, Transformational Digital Journeys, Banking @ Feedzai Customer behavior is changing and challenger banks are emerging. Friction and abandonment are now avoidable as increased application acceptance becomes the focus. What should an established Tier 1 bank do to get on the

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Why Marketplaces Should Think Twice Before Hiring A Machine Learning Team

Users of marketplace platforms such as Uber, Kickstarter and Airbnb stay on the platform because they trust the platform. These marketplaces are also targets for fraudsters whose actions erode trust and cause user attrition that is difficult to reverse. To maintain the user base, marketplaces

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The End of Massive Fraud Attacks

  In little more than two hours on the morning of May 15, 2016, criminals in Japan stole 1.4 Billion yen ($13 million in U.S. dollars). They accomplished this feat by targeting ATMs in 7-Eleven convenience stores and making an estimated 14,000 withdrawals. The fraudsters

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How Machine Learning Is Setting ‘Payments On Fire’

Feedzai chairman and CEO Nuno Sebastiao spoke to the “Payments on Fire” podcast about how the Feedzai solution puts machine learning and big data to work by managing fraud and risk.

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Brexit and the Burgeoning Ecommerce Marketplace: Will Consumers Open Up Their Wallet in a Closed Economy?

As markets and businesses worldwide recover from the aftershocks of Brexit, the implications to commerce and consumers still remains to be seen. The uncertainty, however, has made both retailers and consumers take anticipatory action to protect their own interests. Retailers, on one hand, foresee higher

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