flâneur

Stripe: Radar Technical Guide

stripe.com · 5,623 words · saved by 1 readers

A primer on machine learning for fraud detection

The recent, massive acceleration in e-commerce has created a corresponding increase in online payments fraud. Worldwide, fraud costs businesses more than an estimated $20 billion annually . Plus, for every dollar lost to fraud, the total cost to businesses is actually much higher due to increased operational costs, network fees and customer churn. Not only is fraud expensive, but sophisticated fraudsters are constantly finding new ways to exploit weaknesses, making fraud challenging to combat. That's why we built Stripe Radar , a machine learning–based fraud prevention solution, fully integrat

saved by

related reading