Machine Learning-Based process for E-commerce Fraud
The most exciting
when it comes to Machine Learning technologies, it
is their unbelievable capabilities to process vast amount of data from multiple sources
in real-time.
Signifyd that combats fraud in the growing e-commerce
businesses has created a new class of risk-assessment technology, using
cutting-edge machine learning algorithms that leverage the data of the programmable
web.
With its latest secured $19 million in capital from Menlo Ventures, TriplePoint Capital and
American Express Ventures, Signifyd is on an interesting momentum to scale its
infrastructure and further optimize its machine learning technology.