One of the most difficult challenges in payment card fraud detection is extreme class imbalance. Fraudulent transactions ...

A surge in digital payment technologies has been paralleled by an equally rapid increase in credit card fraud. This research field explores multifaceted approaches that combine advanced analytics, ...

Fraud is widespread in the United States and increasingly driven by technology. For example, 93% of credit card fraud now involves remote account access, not physical theft. In 2023, fraud losses ...

In a world that's growing more digital and interconnected by the day, fraud has taken on new dimensions, often dealing crippling blows to business. From online transactions to sensitive data ...

Crooks start most payments fraud by trying to figure out if the crime is actually worth the effort, sending small probes to see if there is enough money to steal. Stripe contends there is a way to ...

Ever find your palms sweating as you enter your payment info into a merchant site you’ve never used before? It’s a natural response; few financial details are more important than your payment methods ...

Your browser does not support the video element. Your browser does not support the video element. Follow Emily Stewart Every time Emily publishes a story, you’ll ...

FIS is using AI and machine learning in new ways to speed up detection of emerging types of payment card fraud while reducing false positives. Banks rely on highly responsive fraud filters to alert ...

With AI technology, payment fraud and fraud prevention have become more complex and sophisticated. Both financial data owners and businesses that accept illegal payments are directly affected by ...

Credit card fraud is the most common form of identity theft, according to the Federal Trade Commission (FTC). The four major credit card networks — Visa, Mastercard, American Express and Discover — ...