Could Artificial Intelligence Win the Payment Fraud War?

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Globally, the situation is similar. In 2014, the European Central Bank (ECB) published a report that highlighted fraud trends: €1 in every €2.635 spent on credit and debit cards was lost to fraud. According to a recent report from Barclays, the United States contributes disproportionately to global credit card fraud, accounting for more than 47% of the global total.

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Could Artificial Intelligence Win the Payment Fraud War?Could Artificial Intelligence Win the Payment Fraud War?Could Artificial Intelligence Win the Payment Fraud War?




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