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Ryan Drapeau: Battling Fraud with ML at Stripe
The Gradient: Perspectives on AI
The Importance of Information Asymmetry in the Fraud Industry
I think there's definitely information asymmetry between the attackers and defenders here. We get to see everything that happens across the stripe network. At stripe we can build up this view and model of like what fraud is and what fraud isn't. That gives us a pretty large advantage against these fraudsters that they don't have. I would imagine by nature that a lot of the fraud industry, it probably takes some digging to get information that you might want to find about them.
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