Valid Systems announces launch of data integration on Snowflake AI Data Cloud

Valid Systems announced the launch of a data integration on the Snowflake (SNOW) AI Data Cloud, that enables financial institutions to deploy AI and machine learning models directly within the Snowflake cloud environment for instantaneous decision making and deposit fraud mitigation. “What makes our approach truly differentiated is the depth of intelligence behind every decision,” said Mike Ring, Chief Technology Officer of Valid Systems. “We pair every transaction with a rich set of behavioral features, so our models see the full picture, not just the transaction in isolation. Snowflake provides the horsepower for us to process that volume of data in real time, allowing us to bring sophisticated risk intelligence to financial institutions of all sizes.”