The Simility Blog
How Feature Engineering And Feature Selection Support Machine Learning-Powered Fraud Prevention
Machine learning (ML) is a critical application of artificial intelligence (AI) used by Simility, a PayPal service, to help beat the fraudsters. The powerful algorithms…
Data-Driven Fraud Prevention Starts With a Data Lake
Data lakes can play a prime role in driving competitive advantages as part of machine learning-powered fraud decisioning. Data is the fuel that powers modern…
Fraud Detection and Orchestration Hubs: How They Can Help Your Business
In the ongoing battle against rising fraud levels, organizations are increasingly turning to so-called “hubs.” These offerings consolidate multiple point solutions and internal customer data…
How to Stop Account Takeover Attacks in Their Tracks
Twenty-first century consumers live much of their lives online. To do so, they open accounts with a variety of internet-based companies — everything from banks,…
Overcoming The Challenge Of Bias And Discrimination In Machine Learning
After Phillip Alston, UN rapporteur on poverty and human rights, presented his report to the UN a few weeks ago, the machine learning (ML) community…
As Online Fraud Professionalizes, It’s Time To Empower Risk Teams With Better Tools
Law enforcement works tirelessly around the world to combat the scourge of online fraud and is now warning of organized gangs increasingly gravitating to fraud. Enterprises must…
Why It’s Time To Recession-Proof Your Organization With Anti-fraud Tools
After one of the longest periods of US economic expansion on record, many experts are saying it’s time for a recession. That’s troubling in itself, in terms…
Tackling The Problem Of False Declines To Drive Business Growth
Digital transformation is non-negotiable for today’s global retailers. They must meet growing market demands for seamless omnichannel experiences in order to drive customer loyalty and…
What Fraud Will Look Like In 2020: Get Set For Another Crucial Year
Over the past 12 months we’ve seen online fraud continue to evolve. E-commerce merchants, financial institutions and other organizations are pushing ahead with efforts to…
Online Fraud Is Getting Smarter: Firms Must Respond In Kind With Behavior-Based Tools
Digital transformation initiatives across the globe are generating billions of dollars, with the analytics segment alone expected to reach an estimated $74 billion this year.1…
