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 is the most common form of identity theft, according to the Federal Trade Commission (FTC). The four major credit card networks — Visa, Mastercard, American Express and Discover — ...
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 ...
TransUnion is trying to help the financial services industry clean up the proliferation of credit washing that’s impacting auto finance and beyond. To combat credit washing — the practice of removing ...
International authorities have dismantled three massive credit card fraud and money laundering networks, linked to losses exceeding €300 million ($344 million) and affecting over 4.3 million ...
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