In Machines We Trust: How retail is using AI to prevent fraud
MIT Technology Review Narrated
00:00
How to Detect a Fraud Using Machine Learning
Fraud detection company Rainbow is using a tool from fraud detection company signified. These days, they turn down less than one % of their orders. In earlier times, when we had to do this all manually,. They would go to google maps and look up the address to see if the address looked legitimate. Now with the sophistication of the tect to know who you are, where else have we seen you order disital ideas on your device? Distance between your billing and shipping address, so many factors. So again, even five or six years ago, that process was manual, and it could take a day or two. You know, now they're being made in fractions of a second
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