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When a card is swiped, the card issuer sends Spade the data in real-time, and that transaction is linked with a verified merchant identity.
Credit card fraud detection explained: see how banks flag unusual transactions, what triggers alerts and how to protect yourself from unauthorized charges.
Credit Card Fraud Detection and Prevention Publication Trend The graph below shows the total number of publications each year in Credit Card Fraud Detection and Prevention.
Credit-card fraud protection is still far from perfect, but there's no denying that the technology is improving.
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.
The increasing digitalization of banking services has led to a surge in financial fraud, necessitating advanced detection systems.
SEON, the command center for fraud prevention and AML compliance, today announced that MoneyMe, one of Australia's leading digital lenders, has selected SEON’s unified platform to bolster fraud ...
Mastercard's AI-powered fraud detection system uses risk-scoring and behavioral biometrics to help identify suspicious transactions.