technical-post

Detecting New and Evolving Fraud Patterns in Digital Commerce

2018-08-24T16:13:54+00:00 August 14th, 2018|Technical Posts|

As attacks grow in scale and velocity, businesses are forced to evolve their fraud detection methods from manual detection involving blacklists and rule engines to machine learning algorithms that can detect known and emerging types of fraud. This article highlights why existing fraud detection methods have limitations and more importantly a few reasons why unsupervised machine learning is gaining traction.