AI's Role in Safeguarding Against Payment Card Fraud
Update: 2024-07-08
Description
Max from Galileo discusses the Payment Risk Platform at Money20/20. Fraudulent payment card transactions are projected to surge to $38.5 billion in volume by 2027, posing a substantial threat to businesses. To confront this ever-evolving challenge, organizations are turning to artificial intelligence and machine learning to analyze transaction data and seek insights from experts who can interpret real-time fraud trends. It's imperative for business leaders to fortify their defenses, allowing them to concentrate on serving customers and business growth.
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