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FICO Fights Prepaid Card Fraud with AI and Machine Learning

FICO

Beyond the ubiquitous gift cards, which are loaded once for a fixed amount, other types are reloadable and are used for applications such as payroll, government benefits, and health savings account (HSA) spending cards. In April 2019 The Wall Street Journal reported , “The total amount loaded on general-use prepaid cards in the U.S.

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