Internal expense fraud is next on machine learning's list

It's great that companies like Sift Science, which recently received $30 million in funding, plan to use machine learning and artificial intelligence to predict and prevent fraud everywhere online - especially with reports suggesting card issuers and banks could be saving $12 billion annually with the help of machine learning fraud-detection systems.


source :tctechcrunch2011.files.wordpress.com
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Article added on Wednesday, Oct 19th


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