David Schiffer is the CEO of RevBits and formerly of Safe Banking Systems (SBS). RevBits develops cybersecurity software for organizations. Let’s be honest—alert fatigue is real, and it’s relentless.
FIS is using AI and machine learning in new ways to speed up detection of emerging types of payment card fraud while reducing false positives. Banks rely on highly responsive fraud filters to alert ...
A new machine learning breakthrough outperforms traditional methods by reducing false positives and minimizing cases needing further inspection, crucial for sectors like Medicare and credit card fraud ...
Community driven content discussing all aspects of software development from DevOps to design patterns. The key difference between a false positive and a false negative is that a false positive ...
Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...