Today’s topics include drone makers working with the FAA to enable long-distance drone travel, and Stripe launching a new security app for fraud teams.
Until now, companies normally couldn’t get permission to operate commercial drones beyond a mile, or what the Federal Aviation Administration calls line of sight. However, progress is being made to extend that distance, thanks to the FAA’s Pathfinder initiative, which involves industry partners working with the agency to develop guidelines and best practices for operating drones in previously prohibited ways, such as over crowds of people and beyond visual line of sight.
Drone maker PrecisionHawk and partners Mitre Corp. and the FAA published the Pathfinder Report May 1, which makes a safety case for operations at distances of as much as 50 miles from the drone’s operator.
The Pathfinder Report is a significant step toward actions such as drone deliveries, as has been envisioned by Amazon and other companies, although no drone operator has yet to receive the required FAA waivers to begin long-distance commercial drone operations.
Payments-and-security software company Stripe has launched a new version of its Radar platform, featuring tools designed for enterprises that use machine-learning models in the software.
With the announcement, Stripe makes a new bundle of advanced fraud prevention tools available to risk professionals within large businesses. Radar for Fraud Teams, designed for sophisticated teams of fraud professionals, improves visibility and offers granular control for identifying and preventing fraud.
Stripe contends that Radar prevented $4 billion in attempted fraud in 2017 alone by learning from the transactions processed on the Stripe network for hundreds of thousands of businesses and helping users tailor defenses for their individual company.