How PayPal Boosts Security with Artificial Intelligence
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Narrated by:
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Joe Knezevich
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Written by:
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Michael Morisy
About this listen
To PayPal, the transactions signal fraud: a US user’s account is accessed in the UK, China, and elsewhere around the world. But PayPal’s security system - thanks to a growing reliance on an artificial - intelligence technology known as deep learning - is now able to spot possible fraud without making mistakes. That’s because algorithms mine data from the customer’s purchasing history - in addition to reviewing patterns of likely fraud stored in its databases - and can tell whether, for example, the suspect transactions were innocent actions of a globe-hopping pilot.
©2016 Massachusetts Institute of Technology (P)2016 Massachusetts Institute of Technology
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