How machine learning is taking on online retail fraud ZDNet

Amazon Prime Day (APD) was a huge success, they say. At an estimate 60 percent increase in sales over 2016 and nearly $2 billion in revenue, it's hard to argue otherwise. If you want to talk numbers though, let's consider this. What would you say if you were told that Amazon could lose nearly 5 percent of that revenue, or $100 million, due to fraud? And it's not just Amazon on its Prime Day, it's every online retailer that is exposed to online fraud every single day.