FRAUD DETECTION TECH BECOMING MORE SOPHISTICATED – BUT ALLYING IT WITH HUMAN EXPERTISE WORKS BEST
May 1st, 2019
FRAUD detection is undergoing “significant disruption” with credibility assessment approaching “a significant inflection point” with traditional polygraph solutions being supplanted machine learning and biometric techniques, said leading US fraud examiner Pamela Meyer.
She said the industry is in “a deception arms race”, with fraudsters – as usual - trying to outwit the latest developments.
“It’s machine learning meets data meets AI and we see a lot of facial recognition and emotion-based recognition emerging,” said Meyer, CEO of Calibrate, ...
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