1. Why machine learning is not the silver-bullet solution to online fraud

    Machine learning has emerged as the best tool to fight fraud at scale, and merchants with the right instincts are increasingly turning to it for solutions. However, too many merchants are looking to machine learning as a panacea for fraud, and some vendors are irresponsibly fueling that belief, advocating a total replacement of seasoned fraud experts in favor of the machine. The truth is, when machine learning is naively and dogmatically applied, it will not only fall short of its potential, but it’s also likely to perform much worse than traditional fraud prevention techniques.

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    1. Wars may be fought with weapons, but they are won by men.
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