When the text message came in, Kim Dow's heart sank. "Hi," it read. "Did you just make this purchase with your REI Co-op Mastercard?" The message went on to share the last four digits of Dow's card ...

AI is one of the best tools credit card networks have in their battle against fraud, but there are also steps you can take to protect yourself. Evan Zimmer has been writing about finance for years.

The rate of credit card fraud alerts is rising, according to Deloitte, often inconveniencing consumers. New shopping patterns, spending on big-ticket items, and lack of use of monitoring services, ...

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 ...

Mastercard unveiled plans to leverage artificial intelligence (AI) in its fraud-detection systems, aiming to detect compromised cards more swiftly before they are exploited by cybercriminals. With its ...

Payment fraud has been high in recent years, and as criminals gain access to capability-enhancing generative AI tools, there is a growing need for innovative fraud detection research. However, the ...

There is a growing need for companies to invest in enhancing their security posture to combat data breaches, fraudulent activities and threats. Stolen identity and financial information through data ...

Your browser does not support the video element. Your browser does not support the video element. In mid-March, a scammer in California tried to buy $150 worth of ...