Chase Bank Taps Machine Learning to Stay Ahead of Fraud

Chase Bank takes a layered approach to security, and in the new Digital Fraud Tracker, Chase Bank Head of Digital Identity and Authentication reveals the critical role UML plays in keeping their operations safe and enabling seamless experiences for their customers. This push for more intelligent anti-fraud solutions comes as the cost of fraud attacks reaches new heights, with global losses topping $14.7B in 2018.

Get the new PYMNTS Digital Fraud Tracker today, and discover:

  • Why new payment methods are causing new fraud challenges
  • How UML is powering a shift to proactive detection
  • Why interest in AI is increasing in the wake of PSD2

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About DataVisor

DataVisor is the leading fraud and risk management platform powered by transformational AI technology. Using proprietary machine learning algorithms, DataVisor restores trust in digital commerce by enabling organizations to proactively detect and act on fast-evolving fraud patterns, and prevent future attacks before they happen. Combining advanced analytics and an intelligence network of more than 4B global user accounts, DataVisor protects against financial losses and reputational damage across a variety of industries, including financial services, insurance, marketplaces, ecommerce, and internet platforms.