Fraudulent Transactions

Visa: AI Helped Block 80 Million Fraudulent Transactions in 2023
Visa: AI Helped Block 80 Million Fraudulent Transactions in 2023
July 23, 2024  |  artificial intelligence

Visa’s investments in artificial intelligence (AI) and other technology reportedly enabled the payments processor to block 80 million fraudulent transactions worth $40 billion in 2023....

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Rise of AI-Powered Deepfake Imposter Scams Threatens Individuals and Banks
Rise of AI-Powered Deepfake Imposter Scams Threatens Individuals and Banks
August 22, 2023  |  Security & Fraud

Deepfake technology, powered by artificial intelligence (AI), is reportedly becoming a favored tool for criminals engaged in imposter scams, posing a significant threat to individuals...

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Fighting The Friendly Fraud Fight
Fighting The Friendly Fraud Fight
November 21, 2017  |  Security & Fraud

Card not present (CNP) fraud is on the rise. Fraudsters are adept and adapting to the paths of least resistance when it comes to scamming...

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