Three top banks employ Deep Labs’ platform to differentiate between transactions that are anomalies and those that are fraud. Financial institutions are fighting the wrong war when it comes to credit card fraud, said Scott Edington, CEO of San Francisco-based Deep Labs. Fraudulent transactions are expected to total $32 billion worldwide in 2019, according to […]

According to Mobile Payments Today, as the mid-September deadline draws closer for a major transition of customer authentication rules for ecommerce transactions in Europe, a growing number of voices are seeking a pause to prevent what they fear could be a logistical nightmare for merchants, banks, payment processors and consumers. The issue involves the transition […]

In this contributing post to FinExtra, Deep Labs Chief Strategy Officer Michael Lynch discusses that within organizations, fraud professionals and those responsible for revenue growth have been working against each other for decades. You can stop fraud almost completely of course, by making it nearly impossible for your customers to transact by placing limits on […]

In this article, Deep Labs Chief Strategy Officer Michael Lynch discusses how artificial intelligence is disrupting markets and providing a competitive advantage for early adopters for those investing in the technology now. Many banks, payment companies and fintechs are attempting to gain a competitive edge in the marketplace by embracing artificial intelligence, via innovative partnerships, […]

SUNNYVALE, CA., March 14, 2019 — Plug and Play has selected 135 startups to participate in their Spring 2019 accelerator batches. Entrepreneurs from each startup will take part in one of the following programs: Brand & Retail, Cybersecurity, Energy & Sustainability, Fintech, Food & Beverage, New Materials & Packaging, and Supply Chain. Deep Labs has been […]