The Simility Blog
Bolster Defenses with the New AutoML Feature
Businesses can quickly create and/or retrain models, make them smarter and more incisive, and adapt to evolving fraud patterns using Simility’s new Automated Machine Learning…
The Need for Speed: How to Mitigate Fraud in Real-Time Payments
To prevent fraud in real-time payments, banks and financial service providers will have to move from a post-transaction batch-based analysis and reporting model to a…
Driving Value with Machine Learning-Powered Fraud Prevention
PayPal EVP and Chief Operating Officer Bill Ready published a fascinating blog post from the annual World Economic Forum (WEF) event in Davos, Switzerland a few weeks back.1 It…
Unpacking APAC’s Growing Digital Fraud Problem
APAC is a collective of 31 countries home to 60% of the world’s population and 50% of its internet users. While unprecedented numbers of people…
Taking the Adaptive Fraud Detection Message to MRC Vegas 2019
On March 18th, over 1,600 industry professionals from 30 countries are expected to descend on Las Vegas for the Merchant Risk Council’s (MRC’s) annual MRC…
Key Considerations for Successful Customer Onboarding
Using a layered defense approach, businesses can block even the most complex fraud types and reduce onboarding friction for new customers Consider this, you want…
Adopt Clear-box Machine Learning to Make Explainable Decisions
Clear-box machine learning algorithms allow businesses to make informed decisions, while accurately detecting fraud. Machine learning is playing a pivotal role in enhancing customer experience and helping…
Is Sharing, Really Caring?
The onus to catch fraudsters and prevent them from poisoning the ecosystem is on shared economy platforms Technology is playing a pivotal role in satiating…
No Silver Bullet: Biometrics Alone Cannot Predict Identity Fraud
Europe’s new banking laws are set to profoundly change the way online businesses are required to authenticate their customers. This is good news in that…
Automation: The Key to Advanced Fraud Detection
The convergence of artificial intelligence and machine learning with automation will unlock unprecedented intelligence and help fight evolving fraud Innovations in the financial sector have…