In its latest episode of Treasury and Turbulence, Euromoney talks with Matt Mills about how AI and machine learning are transforming the way banks and technology providers facilitate payments.
Joined by industry experts from Citi, BioCatch, Forter and the Alan Turing Institute, Mills also speaks about the new approach that turns the traditional fraud detection process on its head: “…if you start from a position where you consider everyone to be a good consumer, and then place anomaly detection on top of this, machine learning will be more accurate in identifying the suspicious behavior and subsequently catch more fraudulent transactions.”
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