Credit card fraud has been on the rise in recent years. The Federal Trade Commission’s most recent database indicates that 416,582 cases of credit card fraud were reported in 2024, making it one of ...

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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 ...

Resilient fraud strategy depends on how well institutions align technology, operational capacity, and user experience.

For Visa and rival Mastercard, fighting the explosion of fraud attempts is both a big expense–and an opportunity for profit. Visa’s Cyber Fusion Center in Ashburn, Virginia is so secure that Michael ...

“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.

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).

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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 ...