How Banks Use Machine Learning to Know a Crook's Using Your Credit Card Details

Gizmodo
By Jungwoo RyooNov 26, 2015, 3:35 am276 pts
You’re sitting at home minding your own business when you get a call from your credit card’s fraud detection unit asking if you’ve just made a purchase at a department store in your city. It wasn’t you who bought expensive electronics using your credit card – in fact, it’s been in your pocket all…

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