Companies face a stark choice between optimising customer experience and minimising fraud. But what if they could do both?
Banking and Financial, this industry has been on the edge investing in anti-fraud technology, anti-money laundering technology, anti-cybercrime technology.
Last summer, I joined a growing trend: I took an online course on machine learning algorithms run by Stanford University.
Presence of machine learning is a complementary to human decision-making within the public sector.
Having trouble easily moving software from one environment to another? Surely this ought to be an uncomplicated process, especially in the modern age of technology! However, let us consider an analytical model built in a design environment to detect fraudulent credit card transactions. This is now ready to be rolled
The amount of data collected and analyzed by hospitals and health care organizations across the world was already on the rise, but the global pandemic has sharpened the focus on data even more. With trends changing not daily, but hourly, during the pandemic, health care professionals struggle to monitor larger
Fraud is a major issue for businesses across all industries, regardless of their size and industry in which they operate. The costs can be enormous (in extreme cases, even fatal) and include far more than the direct costs of any particular type of fraud. Companies must also deal with the
While Brexit has distracted us for the past few years, a far more subtle but important revolution has been happening right under our noses. Artificial intelligence (AI) has become a crucial part of our day-to-day. Self-learning machines are embedded in services or devices used by three-quarters of global consumers. And
The digital world around us is full of data that needs analysing. Maths has become visibly more important.
Recent high-profile money laundering cases have affected the reputation of the EU's financial system. In response, the European Commission is taking immediate action – faster than ever – to close the gaps. On November 2018, only six months after the adoption of the Fifth EU Anti-Money Laundering Directive (5AMLD), the
