[…] Visa&apos;s AI technology helped block 80 million fraudulent transactions worth $40 billion in 2023. Over the past five years, Visa has invested over $10 billion in technology – $500 million of which was allocated to AI and data infrastructure. The AI tools have significantly improved fraud detection, with initiatives like the AI-powered real-time fraud detection service in the UK and solutions to combat enumeration attacks. These efforts are part of Visa&apos;s broader strategy to enhance security across the payments ecosystem. (Source: PYMNTS) …