by CDO Review Staff | Jul 22, 2019 | Digital Forensics, Fraud
Mastercard senior vice president Ramanthan reckons that the use of AI-powered tools prevented about $52 billion in fraudulent credit card transactions in 2018-19. Ramanathan added that Mastercard still sees more than three fraud attempts per second, which is prompting...
by CDO Review Staff | Jul 22, 2019 | Digital Forensics, Fraud
Fraudsters are quick to take advantage of any flaw in technology or process. This has made online financial transactions vulnerable as the financial services industry struggles with the pace of digital change. Humans alone cannot keep up with the deluge of data...