Computer security service iovation has launched machine learning , fraud detection system iovationScore . Based on big - data data , collected over 12 years from 1 billion international online transactions , iovationScore 's adaptive solutions aim to provide users with risk - assessment tools for online transactions . apple 's CTO Scott Waddell said the system would also help " reduce risk " for existing customers , and " minimise risk - intensive manual reviews . "
Computer security service iovation has launched machine learning, fraud detection system iovationScore. Based on big-data insights, collected over 12 years from 23 billion international online transactions, iovationScore's adaptive algorithms aim to provide users with risk-assessment data for online transactions. iovation's CTO Scott Waddell said the system would also help "reduce friction" for existing customers, and "minimise resource-intensive manual reviews."