Machine Learning Helps IoT Deliver a New Channel for a Better, More Secure Payments Experience - IOT Journal

While machine learning and behavioral analytics have been around for years, many industry experts are predicting 2018 will be its momentous point. According to Gartner's latest CIO survey, respondents indicated machine learning and artificial intelligence are in their top-five priorities this year, with 21 percent of CIOs from around the world testing or considering these initiatives in the short term. One quarter of the CIO respondents have medium- or long-term plans for the technology. There are many reasons behavioral analytics should be an integral part of the short- and long-term technology roadmaps, especially for financial institutions and payments processors.