Broadcom Launches Arcot Smart Ruleset to Prevent Fraud

MT Newswires Live04-08

Broadcom (AVGO) said Wednesday that it launched its Arcot Smart Ruleset, a machine learning-powered adaptive 3-D Secure ruleset engine intended to identify and stop fraudulent transactions.

The new ruleset replaces manual fraud rule-writing with fraud logic that learns from evolving threats while updating to the latest compliance and regulatory requirements, the company said.

Broadcom said the Arcot Smart Ruleset analyzes real-time signals in milliseconds and automates data-driven rules that provide meaningful results.

Shares of Broadcom were up more than 4% in Wednesday trading.

Price: 347.87, Change: +13.90, Percent Change: +4.16

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