AI-based fraud detection software employs advanced algorithms and machine learning techniques to analyse massive volumes of data and identify patterns, anomalies, or suspicious activities that include potential fraud. This involves monitoring various factors such as transaction behaviour, account activity, network connections, and historical data to generate risk scores or alerts. AI-driven fraud mitigation solutions help organisations detect and flag potentially fraudulent activities, enabling prompt investigation and mitigation to protect against financial losses and reputational damage.
Payments Industry │ Ingenico │ EMV Solutions