ai’s new Research Council reveal fraud platforms can be used as business decision engines
The ai Corporation (ai) based in Surrey, UK have today announced the birth of their Research Council. Partnered with Southampton University and Leuven University, this research will further strengthen ai’s position at the forefront of the payments industry by automating complex and repetitive tasks to simply stop fraud.
Tom Myles, Chair of the Research Council and CTO at ai says “One of the key focus points will be the adoption of true machine deep learning. This is the movement away from supervised to an unsupervised self-learning system with the purpose of fully automating fraud prevention activities for all payment types. One of the richest sources of information in any organization is the fraud database – it has to be to get the best results. It fraud data bases are so good at finding the bad guys, turning this data refinery around to look for positive things should be simple.”
The purpose of the Research Council is to develop the solution road map for ai and to create solutions that can be adapted to automate not just fraud, but other areas of the business such as; credit scoring, credit monitoring, gateway switching and interchange optimization, sales and marketing effectiveness. Ultimately, ai’s fraud platform is a reusable technology asset that has a wider business application as end to end decision engine. <