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DataVisor Named 'AI-based Fraud Prevention Solution of the Year' in 2025 Artificial Intelligence Breakthrough Awards Program
DataVisor Named 'AI-based Fraud Prevention Solution of the Year' in 2025 Artificial Intelligence Breakthrough Awards Program

Business Wire

time26-06-2025

  • 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.

DataVisor Named 'AI-based Fraud Prevention Solution of the Year' in 2025 Artificial Intelligence Breakthrough Awards Program
DataVisor Named 'AI-based Fraud Prevention Solution of the Year' in 2025 Artificial Intelligence Breakthrough Awards Program

Associated Press

time26-06-2025

  • 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

AtScale Advances Semantic Layer Leadership with Innovations for Generative AI and Open Source Standard at 2025 Summit
AtScale Advances Semantic Layer Leadership with Innovations for Generative AI and Open Source Standard at 2025 Summit

Business Wire

time29-05-2025

  • Business
  • Business Wire

AtScale Advances Semantic Layer Leadership with Innovations for Generative AI and Open Source Standard at 2025 Summit

BOSTON--(BUSINESS WIRE)-- AtScale, the leading provider of semantic layer technology for analytics and AI, today unveiled new product innovations and open standards at the 2025 Semantic Layer Summit. The virtual event brought together over 5,000 data leaders to explore the future of governed, AI-ready analytics. This year's keynote, presented by AtScale Co-founder and CTO David Mariani, showcased the latest advancements in the company's Universal Semantic Layer Platform, including: GenAI Platform Integrations: Power trustworthy natural language analytics. AtScale now integrates natively with Databricks Genie and Snowflake Cortex Analyst, ensuring that AI-generated insights align with business definitions and governance policies. One-Click Modeling: Accelerate model creation with AI-powered automation. One-Click Modeling intelligently scans your source data to identify key metrics, dimensions, and relationships—eliminating manual configuration and reducing time to value. Composite Modeling: Enable decentralized collaboration without compromising consistency. Composite Modeling allows teams to extend or inherit existing models, making it easy to build on shared definitions while maintaining a single source of truth. Native PGWire Support: Seamlessly connect to modern BI tools. With inbound Postgres protocol support, AtScale now offers plug-and-play compatibility with ThoughtSpot, Superset, Sigma, and more—ensuring smooth integration across your analytics stack. Enhanced Power BI Integration: Deliver real-time insights with full governance. AtScale now supports native DAX and Tabular models in Power BI, enabling a unified semantic layer experience with live connectivity, consistent metrics, and no need for data duplication. In-Memory Aggregates: Achieve sub-second query performance. This new caching feature stores aggregated query results directly in memory, accelerating response times for even the most complex analytical workloads. 'AI and analytics are converging faster than ever—but without semantics, there's no foundation for trust,' said David Mariani, CTO and Co-founder of AtScale. 'The innovations we announced today reflect our mission to give every organization the power to scale insights securely, consistently, and intelligently. From model creation to AI integration, we're delivering a complete platform for the next era of data-driven business.' Driving Industry-Wide Standards Through Open Source A central theme of the 2025 summit was an open standard for semantic standardization to prevent semantic lock-in. AtScale officially introduced the Semantic Modeling Language (SML) —the industry's first open-source language designed for defining, sharing, and operationalizing semantic models. The SML GitHub repository now includes: Prebuilt semantic models for TPC-DS, AdventureWorks, and Snowplow datasets A developer SDK for reading and writing SML programmatically CLI tools for syntax validation, model deployment, and ecosystem translation Real-World Impact: Customers and Partners Take the Stage The summit featured real-world stories from AtScale customers who are transforming enterprise analytics with semantic layers: Home Depot showcased how AtScale's semantic layer on BigQuery enabled enterprise-wide self-service in Excel, reduced time-to-insight, and delivered sub-second performance on a 20TB cube—powering a trusted, governed foundation for natural language analytics. TELUS demonstrated how semantic layers enabled scalable telecom network analytics through vendor abstraction and SML adoption. Vodafone Portugal, in partnership with Celfocus, shared how they migrated legacy OLAP systems to a modern cloud-native stack on Google Cloud—preserving familiar BI workflows while boosting performance and governance. Blue Mercury and HSBC discussed best practices for semantic layer implementation, aligning technical and business teams around shared models and definitions. The Future of Semantics in the Age of AI The event closed with a forward-looking panel featuring leaders from Snowflake, IBM, Databricks, and ThoughtSpot, who discussed the growing role of semantic layers in powering GenAI and redefining modern BI. 'Semantic layers aren't just a trend—they're an essential foundation for trustworthy AI,' said Bruno Aziza, Group VP of Data, BI & AI at IBM. 'As enterprises scale GenAI, the semantic layer is what brings governance, consistency, and business context to every interaction.' With continued investments in openness, ecosystem integration, and AI innovation, AtScale is redefining what's possible with enterprise data. You can watch all of the 2025 Semantic Layer Sessions on-demand or read the event recap blog. About AtScale AtScale enables smarter decision-making by accelerating the flow of data-driven insights. The company's semantic layer platform simplifies, accelerates, and extends business intelligence and data science capabilities for enterprise customers across all industries. With AtScale, customers are empowered to democratize data, implement self-service BI, and build a more agile analytics infrastructure for better, more impactful decision-making. For more information, please visit and follow us on LinkedIn.

Celebrate AAPI food, dance, martial arts and more at Shreveport libraries
Celebrate AAPI food, dance, martial arts and more at Shreveport libraries

Yahoo

time15-05-2025

  • Entertainment
  • Yahoo

Celebrate AAPI food, dance, martial arts and more at Shreveport libraries

SHREVEPORT, La. (KTAL/KMSS) — May is Asian American/Pacific Islander (AAPI) Heritage Month. Shreve Memorial Library invites patrons to experience culture through interactive workshops and food demonstrations across various branches. Shreve Memorial Library (SML) says all programs are free and open to the public. AAPI events include learning Tai Chi, drawing asian flowers, painting Mt Fuji, a Tahitian dance class, origami techniques, making Chinese sky lanterns, and much more. Throughout the month, patrons can stop by the Blanchard Branch at 344 Alexander Street in Blanchard, Monday through Friday between 11:00 a.m. and 6:00 p.m. to create Chinese sky lanterns, says SML. On Friday, May 16, the West Shreveport Branch will host a Tahitian dance workshop for children at 4:45 p.m. at 4380 Pines Road. In Belcher, children will be able to learn to Hula at the Belcher-Wyche Branch, located at 409 Charles Street, on Tuesday, May 20 at 4:30 p.m. On Monday, May 19, the Hamilton/South Caddo Branch, located at 2111 Bert Kouns Industrial Loop, will host a beginner's Tai Chi class. Led by Glenn Guerin of Lee's Kung Fu and Tai Chi Center. Shark Tank AAPI contestants, provides sustainable solution to plastic waste in health care SML details that the Tai Chi Class introduces adults to a martial art style that uses gentle, flowing movements, deep breathing, and meditation to promote physical and mental well-being.' The class will begin at 4:30 p.m., and registration is required. Interested patrons can sign up at the branch or call (318) 687-6824 to register. Each Thursday in May at 4:00 p.m., the Belcher-Wyche Branch hosts AAPI story time featuring books written by and about AAPI authors and culture. On Tuesday, May 20, at 2:00 p.m., patrons at the Mooringsport Branch, located at 603 Latimer Street, will make various crafts, including leis, tiki suncatchers, and hibiscus hair clips. On Wednesday, May 21, the Means Branch, located at 7016 E. Magnolia Lane in Ida, will host a drawing workshop at 4:00 p.m., during which patrons will complete drawings of Asian flowers. On Thursday, May 22, at 10:00 a.m. at 4844 N. Market Street, at the North Shreveport Branch, adults will use acrylic paint to capture the beauty and magnificence of Mt. Fuji. Registration is required. To sign up, visit the branch or call (318) 674-8172. On Tuesday, May 27, those interested in learning the Japanese art of origami are encouraged to visit the Belcher-Wyche Branch at 4:30 p.m. for an interactive workshop. In this workshop, patrons will use origami techniques to make a kite. On Wednesday, May 28, teens interested in creating 'zines,' small-scale publications with drawings, collage, and writings, at 5 p.m. Support local Asian restaurants for AAPI month SML will host food demonstrations, including special 'coffee time,' boba tea, and bake club with savory and sweet treats. Special Coffee Time at Belcher-Wyche Branch on May 16 at 10 a.m. Polynesian Chicken, a sweet, savory island favourite, is available at the West Shreveport Branch on May 22 at 4 p.m. Bubble/boba tea demonstration at the North Caddo Branch on Wednesday, May 28, at 3 p.m. There are movies and storytelling events across several SML branches. For more information, visit SML's website. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Shreve Memorial Library to host financial literacy seminars throughout May
Shreve Memorial Library to host financial literacy seminars throughout May

Yahoo

time06-05-2025

  • Business
  • Yahoo

Shreve Memorial Library to host financial literacy seminars throughout May

SHREVEPORT, La. (KTAL/KMSS) – Shreve Memorial Library's Hollywood/Union Avenue Branch, in partnership with Gibsland Bank and Trust, will present GBT Cares Financial Literacy Seminars throughout May. The seminars will focus on understanding credit, ways to save, budgeting, and preventing identity theft. 'GBT has a long-standing commitment to helping customers and communities through volunteer service and financial involvement,' a press release stated. 'Through the GBT Cares Program, GBT helps individuals manage their money, personal finances, and investments by providing education on topics needed to realize long-term personal and financial goals.' Signs of Stroke: what to know for Stroke Awareness Month The GBT Cares Program focuses on five key areas: Earn, Budget, Debt Management, Save & Invest, and Protect. 'Representatives from GBT will educate Shreve Memorial Library patrons on key aspects of financial literacy and ways to improve financial well-being,' the release stated. 'Each seminar will cover a different topic, including need-to-know information about understanding credit, how to save more by paying yourself first, and steps needed to plan a budget in 2025. In addition, the GBT Cares Seminars will cover methods and tips to help prevent identity theft and fraud.' State Treasurer delivers more than $16K in unclaimed funds to Caddo native The seminars are free and open to the public and will take place each Wednesday in May at noon at the SML Hollywood/Union Avenue Branch, 2105 Hollywood Ave. in Shreveport. The schedule is as follows: Wednesday, May 7 – Understanding Credit Wednesday, May 14 – Saving: Paying Yourself First Wednesday, May 21 – Budgeting in 2025 Wednesday, May 28 – Identity Theft Visit for more information about these and other SML programs. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to

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