How Mastercard's AI Solution Will Fight Real-Time Payment Sc

How Mastercard's AI Solution Will Fight Real-Time Payment Scams

Conning people by impersonation has been in the public domain for time immemorial. Be in the name of fake romance, or fictious online deals, impersonation scams have only gone up in the recent years with the emergence of technology. However, Mastercard has come up with an AI-powered ‘Consumer Fraud Risk’ solution to help banks predict scams in real time and before any money leaves a victim’s account.

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