IBM Scoops Up IRIS Analytics Fraud Detection Firm

Credit cards with chip showing. Anyone who has a credit card has probably experienced some sort of fraud over the last few years. I personally have had it happen several times and I am by no means unique. Today IBM purchased IRIS Analytics, a firm that helps banks detect fraudulent use of credit cards using machine intelligence. The company has been considering a product like this for some time, Bob Griffin,¬†general manager… Read More

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