The paper concludes that Precision and Recall must be the minimum reporting standard, and confusion matrices should always ...

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 ...

With AI technology, payment fraud and fraud prevention have become more complex and sophisticated. Both financial data owners and businesses that accept illegal payments are directly affected by ...

Fraudsters are using generative AI to accelerate certain brute-force card-testing attacks, and Visa hopes to turn the tables on them by using its own gen AI for the first time to alert banks to ...

With the rapid rise of digital technology and seamless payments in the country, credit card fraud has become a significant threat to both credit card users and issuing financial institutions.

Fraud detection is a constant battle for banking institutions as financial crimes show no signs of abating. Snapping at their ...