Ever find your palms sweating as you enter your payment info into a merchant site you’ve never used before? It’s a natural response; few financial details are more important than your payment methods ...
With AI technology, payment fraud and fraud prevention have become more complex and sophisticated. Both financial data owners and businesses that accept illegal payments are directly affected by ...
Credit card fraud isn’t always a one-time occurrence — sometimes, an instance of fraud is part of a repeated fraud pattern. As credit card fraud continues to rise, cardholders are an important line of ...
If deleting and reporting scam texts and phone calls has become part of your daily routine, there's another simple way to protect yourself from fraud -- and it may be more effective. Placing a fraud ...
Mastercard is using AI to help detect and prevent credit card fraud. The company says the tech can flag unusual patterns and block fraudulent transactions. This article is part of "AI in Action," a ...
Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...