Whether it’s fake delivery texts, fraudulent online storefronts, or criminals using AI-cloned voices to fool your bank’s phone security systems, fraudsters are getting more sophisticated—and bolder.
From car insurance to candy, and books to booking vacations, we spend increasing amounts of time and money on the internet. But the risks associated with transacting more and more of our lives in the ...
It's a scenario most people have encountered: you try to make a big or unexpected purchase on your credit card, and, at the moment you need it the most, the card gets declined. Sometimes, it's as ...
A surge in digital payment technologies has been paralleled by an equally rapid increase in credit card fraud. This research field explores multifaceted approaches that combine advanced analytics, ...
Credit card fraud isn’t always a one-time occurrence — sometimes, an instance of fraud is part of a repeated fraud pattern. As credit card fraud continues to rise, cardholders are an important line of ...
Financial services provider Mastercard has revealed a new partnership with artificial intelligence (AI) firm Feedzai, according to reports from CNBC on Nov. 20. Mastercard says this integration aims ...
Mastercard told CNBC it's launching a new generative artificial intelligence model to allow banks to better assess suspicious transactions on its network. The new Decision Intelligence Pro feature is ...
When the text message came in, Kim Dow's heart sank. "Hi," it read. "Did you just make this purchase with your REI Co-op Mastercard?" The message went on to share the last four digits of Dow's card ...
Credit card fraud is the most common form of identity theft, according to the Federal Trade Commission (FTC). The four major credit card networks — Visa, Mastercard, American Express and Discover — ...
If you’ve ever had a credit card purchase mysteriously rejected only to discover later that the bank thought you were a fraudulent user, you may appreciate an effort by MasterCard International to use ...
With the fast-paced evolution of digital finance, Mastercard has taken a bold step to strengthen its defences against the growing threat of cryptocurrency fraud. Mastercard is establishing new ...