One of the most difficult challenges in payment card fraud detection is extreme class imbalance. Fraudulent transactions ...

In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.

In December 2022, The Nilson Report forecasted that bank card fraud losses in the United States would soar to $165.1 billion over the next ten years. These staggering figures are prompting banks, ...

How can artificial intelligence help detect fraud? Artificial Intelligence can play a crucial role in fraud management by detecting and preventing fraudulent activities. The global average rate of ...

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 ...

In the fast-moving digital landscape, where gig workers expect instant payouts and companies handle millions of microtransactions daily, the need for robust real-time fraud detection has never been ...