Artificial Intelligence (AI)

23 May 24 @ 16:21

As fraudsters seek new ways to exploit technology, Mastercard is using Gen AI to double the speed at which it can detect potentially compromised cards, further protecting cardholders and securing... read more

17 May 24 @ 16:06

The current interest in generative artificial intelligence (AI) has caused some to conclude that we may see a new wave of AI-enabled fraud. However, the payments industry shouldn’t overestimate the... read more

08 May 24 @ 10:17

The financial services landscape is experiencing considerable political and macroeconomic turbulence, compelling clients to embrace new innovations and advancements to adapt to the evolving market. Organizations are also having to... read more

01 May 24 @ 16:16

Nearly 70% of the 600 fraud-management, anti-money laundering, and risk and compliance officials surveyed in a new report, AI-focused fraud and financial crime, say criminals are more adept at using artificial... read more

30 Apr 24 @ 18:23

Here at Payments Cards & Mobile Towers, news reaches us on a weekly basis of the AI-led solutions banks and service companies are creating to fight fraud. To deliver ever-greater... read more

17 Apr 24 @ 16:05

Thales has released the 2024 Imperva Bad Bot Report, a global analysis of automated bot traffic across the internet. Nearly half (49.6%) of all internet traffic came from bots in... read more

28 Mar 24 @ 14:39

Visa has announced the addition of three new AI-powered risk and fraud prevention solutions. The new products, part of the end-to-end Visa Protect suite, are designed to reduce fraud across... read more

20 Mar 24 @ 13:36

The chief executive of Nvidia, Jensen Huang, took to the stage at its annual developer conference displaying the Blackwell GPU and announced that the Blackwell graphics processing units would massively... read more

19 Mar 24 @ 18:13

By 2026, attacks using AI-generated deepfakes on face biometrics will mean that 30% of enterprises will no longer consider such identity verification and authentication solutions to be reliable in isolation,... read more

16 Feb 24 @ 17:10

As we turn our attention to 2024, James Wood says the advent of generative AI is going to create major security headaches for payments companies – amid other problems. In... read more

15 Feb 24 @ 11:57

Just days after Revolut released research that indicated Meta platform were the leading platforms for the origination of scams, the fintech has release a new AI scam protection platform for... read more

08 Feb 24 @ 18:42

 NTT DATA has announced a new global banking research report entitled “The Digital Horizon: Banking’s Shift from Mainframe to AI-Driven Cloud Infrastructure”. The research has unveiled findings from a survey of... read more