Friday, September 23, 2016

iovation Tool Uses Machine Learning To Detect Fraud

Portland-based authentication and fraud prevention software developer iovation said this week that it has rolled out a new tool, which uses machine learning to better predict the trustworthiness or riskiness of an online transaction. The company said its new "iovationScore" uses adaptive analytics which were trained using data from more than 23 billion online transactions. The company said the new tools are already available for existing customers. Pricing on the new software was not announced.