Can machine learning revolutionise fraud management? The Paypers

Everywhere you look today, there are examples cropping up of how machine learning is revolutionising different industries. In media and entertainment, Spotify and Netflix sort through billions of data points to find patterns in music, films and television that consumers have enjoyed -- and then make suggestions based on their tastes. In retail, Amazon prompts consumers to buy everything from nappies to office chairs based on shoppers' previous purchases. In finance, machine learning is helping investors anticipate market trends and powering innovations underlying everything from self-driving cars to voice-assistant applications. In the payments industry, machine learning is similarly becoming an increasingly important tool to help businesses combat fraud.