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…

Jayan Tharayil Apr 04, 2019

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…

Jayan Tharayil Apr 02, 2019

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…

Jayan Tharayil Mar 27, 2019

Hong Kong

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…

Jayan Tharayil Mar 21, 2019

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…

Jayan Tharayil Mar 19, 2019

customer onboarding

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…

Jayan Tharayil Mar 13, 2019

Clearbox machine learning for fraud prevention

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…

Jayan Tharayil Mar 07, 2019

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…

Jayan Tharayil Mar 05, 2019

Biometrics for fraud prevention

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…

Jayan Tharayil Feb 27, 2019

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…

Jayan Tharayil Feb 21, 2019