One of the most difficult challenges in payment card fraud detection is extreme class imbalance. Fraudulent transactions ...

Ever find your palms sweating as you enter your payment info into a merchant site you’ve never used before? It’s a natural response; few financial details are more important than your payment methods ...

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, ...

Mastercard is using AI to help detect and prevent credit card fraud. The company says the tech can flag unusual patterns and block fraudulent transactions. This article is part of "AI in Action," a ...

Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...

Credit card fraud has been on the rise in recent years. The Federal Trade Commission’s most recent database indicates that 416,582 cases of credit card fraud were reported in 2024, making it one of ...

Be it new generations of artificial intelligence or increasingly skilled threat actors, fraud continues to be a massive thorn in the side of banks and credit unions across the U.S. New research from ...