Machine learning Fintech company Ravelin raises more than £1.3M to fight online payment fraud

Machine learning Fintech company Ravelin raises more than £1.3M to fight online payment fraud Barclays Techstars alumnus secures funding from leading VCs and angel investors to deepen its machine learning approach to help businesses accept payments more securely online. London, UK 29 September, 2015: Ravelin is a smarter fraud detection and prevention platform for businesses that need to make accurate fraud decisions in real-time. It is pioneering the use of data science, anomaly detection and machine learning to identify bad actors more effectively online. This allows businesses not only to accept more transactions with greater confidence but also to reduce the number of ‘false positives’ – that is, turning away legitimate customers because of poor signal detection. Leading UK technology VCs Amadeus Capital Partners, Playfair Capital and Passion Capital invested…


Link to Full Article: Machine learning Fintech company Ravelin raises more than £1.3M to fight online payment fraud