May 4, 2018
Accertify Inc., a provider of fraud solutions for financial institutions, has launched new machine learning capabilities that include dynamic risk vectors — a technology that aggregates and transforms information from a diverse set of sources to identify emerging fraud risks and attacks.
According to a press release, the new risk vectors are an extension to the company's existing machine learning capabilities. The dynamic risk vectors leverage information from members of the Accertify client community that opt in to the service, which develops new variables to identify fraud trends as they evolve.
"We are constantly focused on developing new and innovative ways to leverage the billions of transactions we analyze to enhance our artificial intelligence capabilities and help deliver improved results for our customers," Accertify Chief Technology Officer Randy Ruiz said in a press release. "These dynamic risk vectors are the latest evolution of our approach."