Thursday, July 31, 2025
21.5 C
London
HomeFinTechMastercard Leverages AI to Combat Card Reissuance Fraud

Mastercard Leverages AI to Combat Card Reissuance Fraud

Date:

Revolut Alumnus Boosts Seed Round to $6.3 Million for Payments Network Expansion

A Strategic Move to Enhance Global Financial Services and...

Payroc Acquires BlueSnap to Expand Payment Solutions

A Strategic Move for Enhanced Payment Processing CapabilitiesHighlights: Payroc...

Starling’s Revaluation Sparks Surge in Chrysalis Shares

Evaluating the Impact of Starling's Increased Valuation on Chrysalis...

Innovative Solutions to Enhance Security and Reduce Financial Losses in Payment Systems

Highlights:

  • Mastercard implements AI technology to prevent fraudulent card reissuance.
  • The initiative aims to enhance customer security and lower financial losses.
  • Machine learning models are deployed to detect and analyze potential fraud patterns.

Mastercard is taking significant steps to fight card reissuance fraud by employing advanced AI technologies. This proactive approach not only protects customers but also helps in reducing the financial impact of fraud on the payment system. By leveraging machine learning models, Mastercard is positioned to identify and mitigate potential threats in real-time, ensuring a safer transaction environment for all users.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories