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 ...
The rate of credit card fraud alerts is rising, according to Deloitte, often inconveniencing consumers. New shopping patterns, spending on big-ticket items, and lack of use of monitoring services, ...
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 isn’t always a one-time occurrence — sometimes, an instance of fraud is part of a repeated fraud pattern. As credit card fraud continues to rise, cardholders are an important line of ...
To avoid credit card theft, it’s not enough to simply keep your credit card in a secure place — you have to monitor your credit card statements and credit reports routinely for signs of fraud. As 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 ...
It's a scenario most people have encountered: you try to make a big or unexpected purchase on your credit card, and, at the moment you need it the most, the card gets declined. Sometimes, it's as ...