Argyle Data Combating the Billion Dollar Fraud Industry With Machine Learning and Real-Time Analytics

▤ Summary

For the past year, the company has been building its team and developing a product suite using machine learning on a Hadoop stack to deliver applications that ingest data and analyze it in real time, reducing the window for detecting fraud or intrusion from hours or days down to seconds. It has moved from the back-office to the front page and is now part of the board level agenda as it has a major effect both on the bottom line but also on how customers perceive a company and its brand," said Argyle Data CEO Tom Ryan. Argyle Data has developed a fraud analytics application on this platform that allows attacks to be detected and stopped in seconds using state-of-the-art Adversarial Machine Learning on Hadoop. Previously, he was Chief IP Networks Partner, R&D and Head of Service Platform at Vodafone where he was responsible for building advanced computing environments to demonstrate real-time analytics, showcase artificial intelligence and develop mobile applications. The ArgyleDB product suite uses state-of-the-art machine learning on a Hadoop stack to deliver applications that ingest data and analyze it in real time, reducing the window for fraud or intrusion from hours to minutes.

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$5M to $10M