Machine Learning for Fraud Prevention: What’s Next

Advancements in technology – including improvements in computing power and wide-scale availability of big data – have radically changed how companies use machine learning. Fraud prevention is a major area in which machine learning is transforming both workflows and outcomes, allowing organizations to stay ahead of increasingly technologically advanced criminals. How can you take advantage of […]

[Podcast] Giving Away Our Secrets? The Promise and Peril of White Hat Hacking

White hat hackers roam the internet in search of security vulnerabilities. Unlike their black hat counterparts, their goal isn’t to penetrate those vulnerabilities: it’s to make website and business owners aware of these dangerous loopholes. But Alex Rice, co-founder of bug bounty organization HackerOne, says that white hat hackers are playing a dangerous game. Without […]

[Podcast] Alarmism & ATO + 3 Surprising Findings from Our New Podcast

Sift Science is excited to announce that we’ve launched a podcast, Trust & Safety in Numbers! On Trust & Safety in Numbers, our host, Evan (that’s me!), and our trust and safety guru, Kevin Lee, will chat with people on all sides of the online fraud fight: fraud analysts, FBI agents, security consultants, former hackers, rogue cyborgs (okay, […]

New Forrester Report: Mitigating Threats Beyond Payment Fraud

We’re all competing in the new digital economy. Customers’ expectations are higher than ever. Businesses are under more pressure to deliver a fast, simple, and safe experience. And fraudsters are diversifying their tactics, looking for inventive new ways to cash out. How can businesses be prepared? Sift Science commissioned Forrester Consulting to find out more […]

5 Ways Blockchain Will Make Payments More Secure

If you’re into technology, you probably already know about the blockchain. It’s the decentralized database technology behind bitcoin that’s predicted to become as “big as the internet,” disrupting the way we trade and track goods and services. How does blockchain work? Essentially, it’s a decentralized database accessed by a peer-to-peer network of computers and people […]

Sift Science Fraud-Fighting Trends 2017

Fraud-fighting is the ultimate balancing act. On one side, you have risk – in the form of fraudsters, scammers, and other bad actors looking to leverage any opening they can to exploit your business for their own gain. On the other side, you have the goal of optimizing user experience – a priority for any modern online business that […]

Machine Learning Isn’t Always a Black Box

There are a number of common myths about machine learning, which we touched on in a previous post. Now, we want to dive deeper into one of those myths: that machine learning is a black box. While it’s true that many machine learning platform companies do not provide any insights about results or explain how their […]