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

The COVID-19 pandemic has sped up the shift towards electronic payments, which is unlikely to reverse anytime soon, if ever. Credit cards were the most vulnerable payment method to online scams in ...

In a world that's growing more digital and interconnected by the day, fraud has taken on new dimensions, often dealing crippling blows to business. From online transactions to sensitive data ...

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 ...

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 ...

AI is one of the best tools credit card networks have in their battle against fraud, but there are also steps you can take to protect yourself. Evan Zimmer has been writing about finance for years.

Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase in volume and complexity, banks require intelligent systems that can assess risk with ...