The rate of credit card fraud alerts is rising, according to Deloitte, often inconveniencing consumers. New shopping patterns ...

Mastercard's AI-powered fraud detection system uses risk-scoring and behavioral biometrics to help identify suspicious transactions.

Let’s start with the way AI deals with payment fraud. Merchant losses are projected to reach $38 billion in 2023, driven by credit card ... architecture, these dedicated models are designed to ...

Credit card issuers have fraud detection services that can flag suspicious activity, such as when your card is being used in a country in which you've never made transactions. As a result ...

With billions of credit card transactions processed ... create innovative card products and enhance fraud detection, in some cases by more than 15%. “We’ve really shifted our strategy ...

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Global financial technology leader FIS ® (NYSE: FIS) has today announced that its SecurLOCK™ card fraud management solution is poised to deliver an increase ...

They should also train their staff on how to identify and prevent credit card fraud and conduct regular security audits and vulnerability scans. By investing in advanced fraud detection tools like ...