When a card is swiped, the card issuer sends Spade the data in real-time, and that transaction is linked with a verified merchant identity.

Our case study draws on the Credit Card Fraud Detection Kaggle dataset which contains more than 284,000 credit card transactions performed by EU cardholders in September 2013. Each transaction is ...

Stripe introduces Radar, a tool to automatically detect and turn away credit card fraud.

AI And ML Fraud Detection Let’s start with the way AI deals with payment fraud. Merchant losses are projected to reach $38 billion in 2023, driven by credit card fraud, phishing, chargebacks and ...

Researchers at eBay describe an AI technique that identifies outliers in datasets. In one test, it identified 40 percent of credit card fraud cases.

IBM has launched a new generation mainframe with artificial intelligence built into the chip to provide financial firms such as banks and credit card companies with the ability to conduct fraud ...

Credit-card fraud protection is still far from perfect, but there's no denying that the technology is improving.