PayThink: Machine learning is the best tie to bind user experience and security – Featurespace

November 29, 2017

Machine learning is the best tie to bind user experience and security - Dave Excell speaks to Payment Source

Dave Excell, Co-Founder and CTO at Featurespace, explores new hardware and software solutions to combat fraud attacks, and how some new technologies are driving fraudsters to different channels.

Recent news about data breaches has consumers on high alert, and rightly so. Hacked data is one of the many tools criminals use to facilitate fraudulent transactions. According to some reports, U.S. banks and merchants will incur more than $12 billion in fraud losses by 2020, up from $8.45 billion in 2015.

Read the full article on PaymentSource.

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