At Experian DataLabs in Carmel Valley, a team of scientists is thwarting bad guys with math.A top-five U.S. credit card issuer recently dumped about 6 billion transaction records on Experian DataLabs to see if its fancy machine learning mathematical formulas could do a better job of rooting out credit card fraud than the bank’s existing system.Experian scientists used neuro-embedding/natural language processing techniques to understand the “syntax” of the credit card data, said Honghao Shan, a Ph.D. computer scientist.Transactions with odd syntax – words out of place if you will - popped up as potential fraud. “We thought we had figured it out and went back to them,” said Eric Haller, head of Experian DataLabs. “They said, how did you do that? You identified fraud that we can’t identify ourselves. And it turns out we reduced their false positives by half.”Making sense of the tsunami of data from connected devices and other … [Read more...] about How Experian is turning big data into big dollars
Which open source database is best
Rosalie Chan, provided by Published 8:15 am PDT, Saturday, March 16, 2019 Open Source Initiative Women running for the Open Source Initiative board of directors have been harassed online, they told Business Insider. The Open Source Initiative is best known for approving open source licenses and right now it's under the spotlight as companies shift their software licensing. Open source communities, where programmers voluntarily build freely available software together, has been a famously hostile area of the tech industry towards women and other unrepresented people. These OSI board members and candidates are trying to make open source communities more welcoming to everyone. When Mariatta Wijaya went to a conference for the popular programming language Python in 2015, it sparked an interest to join the volunteer community of developers that create and maintain the language. Later, after a mentor reached out, she became even more involved in the Python … [Read more...] about A group of women trying to change the sexist culture of open source software have been harassed online
Google Cloud announced Tuesday its intent to acquire the Israeli startup Alooma, an enterprise data pipeline platform. With Alooma, Google Cloud plans to help customers migrate data to its cloud, as well as expand its Israeli footprint. According to Google Cloud’s new CEO Thomas Kurian, Google Cloud has plans in place to attract more enterprise customers. On Tuesday, Google Cloud announced that it will acquire the Israeli startup Alooma, its first acquisition plan since Thomas Kurian took the reins as the new CEO. Alooma, which was founded in 2013 and now based in Redwood City, California, is an enterprise data pipeline platform, which means it helps customers migrate data cloud. The financial terms of the deal were not disclosed. The acquisition is the first publicly announced deal since Kurian, an Oracle veteran, replaced Diane Greene as the head of Google’s cloud business at the start of the year. There has been growing speculation within the industry that Kurian … [Read more...] about Google’s new cloud boss just made his first acquisition
When Britain’s Prince Philip crashed his Land Rover into another vehicle on Jan. 17, 2019, many people were surprised that he was still driving at age 97. Many thought that surely someone – the queen perhaps? – would have persuaded him to give it up, or would have “taken away” the keys. Older unsafe drivers are a growing problem, thanks to the baby boom generation. In the United States, 42 million adults 65 and older were licensed to drive in 2016, an increase of 15 million from 20 years ago. Yet who wants to stop driving? It is not only a major symbol of independence but also a needed activity for older people to be able to shop, go to the doctor and maintain social connections.MORE HEALTH: Boot camp after 60: 10 steps to turn your health aroundI’m a geriatrics specialist physician, a daughter of parents who had to stop driving. I live in Florida, where 29 percent of our drivers are older adults, which everywhere else in the U.S. will … [Read more...] about How old is too old to drive?
By Henry Fernandez Published January 19, 2019 Cloud Innovations FOXBusiness Facebook Twitter Comments Print video Mongodb CEO: We’re not worried about taking on Amazon Mongodb CEO Dev Ittycheria discusses why he isn’t worried about competing against Amazon, after the e-commerce giant introduced a cloud-based database software with Mongo compatibilities. Amazon is facing strong competition from tech giants Google and Microsoft in the race for cloud supremacy. But a different company is making its mark in this battle. Continue Reading Below MongoDB is a free and open-source document database enabling clients to organize, use and enrich data in real time from anywhere. It is the first cloud-database company to go public in 25 years and despite its youth, the stock is up 160 percent year-over-year. “We built a database that developers wanted for today’s modern applications and became widely popular,” … [Read more...] about Amazon faces strong competition from MongoDB in cloud-based database race