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Mastercard has unveiled a new approach to identify compromised payment cards, leveraging a combination of generative artificial intelligence and graph technology. The company reports that this method ...
“Until now fraudsters may have thought they were operating in obscurity, seeking to launder the card details of millions of unsuspecting victims,” Johan Gerber, Mastercard’s executive vice president ...
Whether it’s fake delivery texts, fraudulent online storefronts, or criminals using AI-cloned voices to fool your bank’s phone security systems, fraudsters are getting more sophisticated—and bolder.
Greg Ulrich, Chief AI and Data Officer at Mastercard, speaks during a fireside chat at VB Transform 2026 in Menlo Park. Image credit: Michael O'Donnell Photography. Every time a Mastercard gets tapped ...
Mastercard has introduced a new service designed to help financial institutions detect and prevent payment fraud before it happens. Mastercard Threat Intelligence will combine the company’s global ...
For instance, Mastercard’s network processes roughly 160 billion transactions a year, and experiences surges of 70,000 transactions a second during peak periods (like the December holiday rush).
Mastercard is rolling out its First-Party Trust program in Asia Pacific as chargebacks tied to friendly fraud continue to grow. The move comes after the program’s launch in the US and will also cover ...
A fraudulent card transaction can happen before you realise your details have been compromised, so quick reporting, blocking the card and documenting the complaint should be your first priorities ...
Fraudsters are counting on a common everyday headache to cover their tracks. Scammers have found a way to hide their credit card fraud that is as frustratingly effective as it is diabolical. “I don’t ...
The RBI states that customers are fully protected against credit card fraud, provided they report the fraud on time and meet ...
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