article thumbnail

Mastercard supercharges fraud detection with GenAI

Finextra

Mastercard is turbocharging its fraud detection technology with generative AI that can scan a trillion data points to predict whether a transaction is likely to be genuine or not.

article thumbnail

Pay.UK hails fraud detection pilot results

Finextra

says a fraud detection pilot involving Visa has exceed expectations, suggesting that it could save the country's economy over £112 million a year.

article thumbnail

Podcast: AI, RPA, fraud detection, data sharing enhancements in 2024

Bank Automation

In 2024, financial institutions can look to even more developments in AI, robotic process automation (RPA), fraud detection and data sharing technologies to set themselves up for digital success, technology platform […]

article thumbnail

The Evolution of Fraud Detection

Finextra

Join FinextraTV in discussion with Megan Heald, Senior Product Manager at NICE Actimize, at NextGen Nordics 2024 as we explore how innovation and regulation have sculpted the anti-fraud landscape over the past two decades, contrast the present state of fraud detection with past approaches, and glean essential insights from future trends and strategies (..)

article thumbnail

New Euronet and Fintech Galaxy Partnership Enhances Fraud Detection in Open Banking

The Fintech Times

The partnership aims to improve payments through features like card as a service, real-time payment processing, as well as advanced fraud detection. The post New Euronet and Fintech Galaxy Partnership Enhances Fraud Detection in Open Banking appeared first on The Fintech Times.

article thumbnail

Fraud Detection in Banking: Key Challenges and Solutions

Fraud.net

Discover the complexities & challenges of fraud detection in banking. Learn actionable solutions to combat evolving threats in finance.

article thumbnail

Oscilar launches AI-powered ACH fraud detection

The Paypers

US-based Oscilar , a provider of AI-driven risk management solutions, has released AI-powered ACH fraud detection amid a rapid growth in ACH transactions.