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

The core problem tackled by this research is the opaque nature of many high-performing AI models used in fraud detection.

Merchant losses are projected to reach $38 billion in 2023, driven by credit card ... deep learning algorithms can expose telltale signs that can help businesses detect deepfake fraud.

Financial institutions use AI to detect and prevent billions of dollars of fraud each year in areas including account takeover, check fraud, identity theft, money laundering, and terrorist financing, ...

How banks are using huge ... Belgium who work on machine learning and card fraud. They emphasized the vast scale of this fraud-detection technology. Companies and their algorithms are ingesting ...

The federal government’s bet on using artificial intelligence to fight financial crime appears to be paying off. Machine learning ... fraud-detection methods that leading banks and credit card ...