The existence of noisy labels in real-world data negatively impacts the performance of deep learning models. Although much research effort has been devoted to improving robustness to noisy labels in classification tasks, the problem of noisy labels in deep metric learning (DML) remains open. In this paper, we propose a noise-resistant training technique for DML, which we name Probabilistic Ranking-based Instance Selection with Memory (PRISM). PRISM identifies noisy data in a minibatch using average similarity against image features extracted by several previo