MasterCard Worldwide will introduce in the first quarter of 2007 a new service to help banks and other card issuers detect and stop PIN-based debit card fraud in real time. The service is being ...

Mastercard unveiled plans to leverage artificial intelligence (AI) in its fraud-detection systems, aiming to detect compromised cards more swiftly before they are exploited by cybercriminals. With its ...

Debit cards are as vulnerable to theft as credit cards and offer limited fraud protection. Depending on how soon you report the fraud, you could be responsible for up to $50 in unauthorized ...

A new machine learning breakthrough outperforms traditional methods by reducing false positives and minimizing cases needing further inspection, crucial for sectors like Medicare and credit card fraud ...

Payment fraud has been high in recent years, and as criminals gain access to capability-enhancing generative AI tools, there is a growing need for innovative fraud detection research. However, the ...

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 ...

Your browser does not support the video element. Your browser does not support the video element. Follow Emily Stewart Every time Emily publishes a story, you’ll ...