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FICO Fights Prepaid Card Fraud with AI and Machine Learning

FICO

In April 2019 The Wall Street Journal reported , “The total amount loaded on general-use prepaid cards in the U.S. grew to $324 billion in 2017 from $208 billion in 2012, according to Mercator Advisory Group, a research and consulting firm. It projects the market to grow at an annual rate of around 10%, reaching $428 billion in 2021.”.

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