The Simility Blog

Fostering trust among parties involved in a transaction is key to building a successful shared economy platform. Only an advanced solution that leverages technologies such as artificial intelligence and machine learning to unearth anomalous patterns from structured and unstructured data from varied sources can build a trustworthy platform for customers...

Fraudsters harvest personal details of customers from the data breaches to create fraudulent bank accounts that are further used to seek loans, apply for new credit cards, gain instant credit and for money laundering activities. To protect themselves from the financial and reputational losses, banks must stop the fraudulent applications...

Avenues for fraud are increasing amidst disruptive services, changing regulations, and rising customer expectations. At the same time, fraud armed with sophisticated technology is becoming strategic and targeted. Digital businesses will be required to strike a fine balance between fraud prevention and seamless experience to attain growth in 2019....

As 2018 draws to close, Simility had a tremendous year. We’ve undergone an acquisition, launched more features and updates than ever before. Simility continues to help businesses overcome multiple challenges spanning rising customer expectations in terms of enhanced convenience, increasing numbers of connected devices, mounting pressure of staying compliant with...