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Business Wire
a day ago
- Business
- Business Wire
DataVisor Named 'AI-based Fraud Prevention Solution of the Year' in 2025 Artificial Intelligence Breakthrough Awards Program
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- DataVisor, the world's leading AI-powered fraud and risk platform, today announced that it has been selected as winner of the 'AI-based Fraud Prevention Solution of the Year' award in the 8 th annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market today. DataVisor's platform rises above a crowded AI landscape by combining three core breakthroughs—patented Unsupervised Machine Learning (UML), adaptive Supervised ML (SML), and Generative AI-driven automation—into a single, high-impact fraud and financial crime prevention solution. This empowers institutions to identify unknown threats in real time, reduce false positives, and automate fraud operations at scale. DataVisor's UML identifies emerging fraud patterns without requiring historical labels, pinpointing coordinated attacks that might involve thousands of accounts acting in concert. This approach enables real-time, proactive detection of new threats, allowing organizations to stay ahead of rapidly advancing crime rings. DataVisor's UML captures over 80% of coordinated and previously unseen fraud attacks, enabling early detection with more than 98% precision and clear, explainable detection reasons. DataVisor's SML enhances detection by learning from historical fraud patterns, filtering out noise, and significantly reducing false positives. Unlike other vendors that only offer generic, pre-trained models, DataVisor customizes each SML deployment to the customer's specific data and fraud typologies, resulting in higher detection accuracy and fewer manual reviews. For organizations without a strong data foundation or historical fraud labels, DataVisor will also provide the option to leverage a consortium model for specific use cases, ensuring effective detection from day one. DataVisor continues to redefine AI-driven fraud defense with AI Co-Pilot, a generative-AI automation engine that reduces manual workloads. For example, its intelligent rule-tuning module mines historical data, runs thousands of threshold and logic simulations, and automatically fine-tunes detection rules—cutting false positives by up to 50% and dramatically boosting operational efficiency. 'AI has been at the core of DataVisor since day one, powering everything from unsupervised machine learning to today's generative-AI Co-Pilot,' said Fang Yu, co-founder and Chief Product Officer at DataVisor. 'Our mission is—and always has been—to stay one step ahead of fraud, detecting both known and emerging schemes in real time so our customers can shut down attacks before they start. We're truly grateful to AI Breakthrough for this award, and we'll keep pushing the boundaries of AI innovation so every client can instantly adapt to novel threats and unlock deeper insights from their own data.' The AI Breakthrough Awards shine a spotlight on the boldest innovators and most impactful technologies leading the charge in AI across a comprehensive set of categories, including Generative AI, Computer Vision, AIOps, Agentic AI, Robotics, Natural Language Processing, industry-specific AI applications and many more. This year's program attracted more than 5,000 nominations from over 20 different countries throughout the world, underscoring the explosive growth and global importance of AI as a defining technology of the 21st century. 'DataVisor's single, high-impact fraud and financial crime prevention solution provides an all-encompassing AI shield against fraud. Fraud detection relies on quickly and precisely identifying abnormal patterns and behaviors to uncover hidden threats and mitigate risks before they escalate. However, this requires tools that can accurately handle huge amounts of data,' said Steve Johansson, managing director, AI Breakthrough. 'DataVisor is a self-evolving, enterprise-grade solution that harnesses AI to tangibly improve efficiency, reduce fraud losses, and help businesses scale securely in a fast-moving digital world. As a result, we're thrilled to award DataVisor with 'AI-based Fraud Prevention Solution of the Year!'' Renowned for its adaptability and data-driven methodology, DataVisor is the trusted partner of choice for Fortune 500 companies and leading organizations globally, specializing in serving financial services, banking, credit unions, fintech, and payments companies. About DataVisor DataVisor is the most comprehensive fraud and financial crime prevention platform powered by sophisticated AI and modern machine learning capabilities. DataVisor empowers customers to protect against future attacks before they happen by detecting and acting on rapidly evolving fraud patterns in real time. DataVisor's adaptable solution and data-driven approach provides businesses with unparalleled protection in an ever-evolving digital landscape. DataVisor's award-winning solutions and continuous innovation make them the trusted partner of choice for Fortune 500 companies and leading organizations worldwide, specializing in financial services, banking, credit unions, fintech, and payments. About AI Breakthrough Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including Generative AI, Machine Learning, AI Platforms, Robotics, Business Intelligence, AI Hardware, Computer Vision and more. For more information visit Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.
Associated Press
a day ago
- Business
- Associated Press
DataVisor Named 'AI-based Fraud Prevention Solution of the Year' in 2025 Artificial Intelligence Breakthrough Awards Program
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jun 26, 2025-- DataVisor, the world's leading AI-powered fraud and risk platform, today announced that it has been selected as winner of the 'AI-based Fraud Prevention Solution of the Year' award in the 8 th annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market today. DataVisor's platform rises above a crowded AI landscape by combining three core breakthroughs—patented Unsupervised Machine Learning (UML), adaptive Supervised ML (SML), and Generative AI-driven automation—into a single, high-impact fraud and financial crime prevention solution. This empowers institutions to identify unknown threats in real time, reduce false positives, and automate fraud operations at scale. DataVisor's UML identifies emerging fraud patterns without requiring historical labels, pinpointing coordinated attacks that might involve thousands of accounts acting in concert. This approach enables real-time, proactive detection of new threats, allowing organizations to stay ahead of rapidly advancing crime rings. DataVisor's UML captures over 80% of coordinated and previously unseen fraud attacks, enabling early detection with more than 98% precision and clear, explainable detection reasons. DataVisor's SML enhances detection by learning from historical fraud patterns, filtering out noise, and significantly reducing false positives. Unlike other vendors that only offer generic, pre-trained models, DataVisor customizes each SML deployment to the customer's specific data and fraud typologies, resulting in higher detection accuracy and fewer manual reviews. For organizations without a strong data foundation or historical fraud labels, DataVisor will also provide the option to leverage a consortium model for specific use cases, ensuring effective detection from day one. DataVisor continues to redefine AI-driven fraud defense with AI Co-Pilot, a generative-AI automation engine that reduces manual workloads. For example, its intelligent rule-tuning module mines historical data, runs thousands of threshold and logic simulations, and automatically fine-tunes detection rules—cutting false positives by up to 50% and dramatically boosting operational efficiency. 'AI has been at the core of DataVisor since day one, powering everything from unsupervised machine learning to today's generative-AI Co-Pilot,' said Fang Yu, co-founder and Chief Product Officer at DataVisor. 'Our mission is—and always has been—to stay one step ahead of fraud, detecting both known and emerging schemes in real time so our customers can shut down attacks before they start. We're truly grateful to AI Breakthrough for this award, and we'll keep pushing the boundaries of AI innovation so every client can instantly adapt to novel threats and unlock deeper insights from their own data.' The AI Breakthrough Awards shine a spotlight on the boldest innovators and most impactful technologies leading the charge in AI across a comprehensive set of categories, including Generative AI, Computer Vision, AIOps, Agentic AI, Robotics, Natural Language Processing, industry-specific AI applications and many more. This year's program attracted more than 5,000 nominations from over 20 different countries throughout the world, underscoring the explosive growth and global importance of AI as a defining technology of the 21st century. 'DataVisor's single, high-impact fraud and financial crime prevention solution provides an all-encompassing AI shield against fraud. Fraud detection relies on quickly and precisely identifying abnormal patterns and behaviors to uncover hidden threats and mitigate risks before they escalate. However, this requires tools that can accurately handle huge amounts of data,' said Steve Johansson, managing director, AI Breakthrough. 'DataVisor is a self-evolving, enterprise-grade solution that harnesses AI to tangibly improve efficiency, reduce fraud losses, and help businesses scale securely in a fast-moving digital world. As a result, we're thrilled to award DataVisor with 'AI-based Fraud Prevention Solution of the Year!'' Renowned for its adaptability and data-driven methodology, DataVisor is the trusted partner of choice for Fortune 500 companies and leading organizations globally, specializing in serving financial services, banking, credit unions, fintech, and payments companies. About DataVisor DataVisor is the most comprehensive fraud and financial crime prevention platform powered by sophisticated AI and modern machine learning capabilities. DataVisor empowers customers to protect against future attacks before they happen by detecting and acting on rapidly evolving fraud patterns in real time. DataVisor's adaptable solution and data-driven approach provides businesses with unparalleled protection in an ever-evolving digital landscape. DataVisor's award-winning solutions and continuous innovation make them the trusted partner of choice for Fortune 500 companies and leading organizations worldwide, specializing in financial services, banking, credit unions, fintech, and payments. About AI Breakthrough Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including Generative AI, Machine Learning, AI Platforms, Robotics, Business Intelligence, AI Hardware, Computer Vision and more. For more information visit Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose. View source version on CONTACT: Media Contact: The Fletcher Group [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: SECURITY DATA MANAGEMENT TECHNOLOGY ARTIFICIAL INTELLIGENCE SOFTWARE SOURCE: DataVisor Copyright Business Wire 2025. PUB: 06/26/2025 07:26 AM/DISC: 06/26/2025 07:25 AM
Yahoo
23-05-2025
- Business
- Yahoo
China Matters' Feature: Bridging Cultures at China-CEEC Expo: Central and Eastern European Voices in Ningbo
NINGBO, China, May 23, 2025 /PRNewswire/ -- As the 2025 China-Central and Eastern European Countries Expo opened in Ningbo on May 22, cultural and business exchanges between China and the CEE region were spotlighted. Among the many contributing to this growing partnership are Vladimir Tzanev and Fang Yu, in different professions but with a shared connection to Ningbo. The Bulgarian pianist Vladimir Tzanev has spent the past two decades working across China. But Ningbo, in eastern China's Zhejiang Province, is where he and his family want to call home. "My children were born here—they're Ningbo natives now," he says in a smile. Alongside his wife, a fellow musician from Latin America, Vladimir established a music society in the city that welcomes students from all walks of life. "Music is a language that opens any door," he says. "And here in Ningbo, we found an audience eager to listen." Fang Yu, meanwhile, has a different story related to the city. After years of working in Slovakia, she returned to China in 2015 and dove into trades with CEE countries. Based in Ningbo, she helps connect Chinese companies with partners from CEE countries, especially through platforms like the China-CEEC Expo. "Trades are built on human connection," she explains. "And Ningbo is a perfect bridge." This year, Slovakia is one of the guest-of-honor countries of the Expo, which holds special meaning for Fang. It was during a government delegation visit from Ningbo to Slovakia that she established a connection with the city. Since then, she's seen firsthand how face-to-face conversations and shared experiences create trust and opportunities. "When we started, few people knew about these countries or their products," she recalled. "Now, thanks to events like the China-CEEC Expo, more products from the region are stepping into the spotlight." From classical music to Slovakian wine, Vladimir and Fang are helping build more than just business ties—they're weaving personal stories into the fabric of China-CEEC cooperation. And Ningbo, with its open arms and mind, is right at the center of it all. YouTube Link: View original content to download multimedia: SOURCE China Matters
