Transaction fraud accelerated when the pandemic spurred major growth in online sales. To understand how acquirers are managing this increasing risk, analysts at Finextra interviewed several executives to “take [...]
Latin America and the Caribbean (LAC) financial institutions have significantly ramped up their adoption of fintech in recent years. The World Bank estimates that only 50 percent of Latin [...]
Financial criminals have become increasingly sophisticated. From data breaches and money laundering to cryptocurrency payments for ransomware attacks, the complexities of financial fraud call for AI’s adaptability and power. [...]
When payment integrity provider Milliman wanted to improve how it detects fraud for its healthcare payer customers, they collaborated with Mastercard® Healthcare Solutions to conduct a pilot using Mastercard’s [...]
AI is becoming the standard for financial investigations, but uptake varies amongst other industries. We interviewed accredited fraud investigator Tim McBride of Mastercard and asked him to explain [...]
Mastercard is integrating artificial intelligence into every aspect of its products and services. More than a differentiating factor, it’s about harnessing the power of AI by using it [...]
Plan to attend our upcoming webinar to learn how healthcare firms can use innovative AI to solve the FWA challenge. The session is a collaboration with America's Health [...]
Healthcare insurers have been held back by rules-based, inefficient technology that still allows $240 billion in annual fraud, waste and abuse. Industry analyst firm Aite Group compares Mastercard’s [...]
Financial institutions are grappling with increasingly clever fraud schemes while still needing to provide seamless customer experiences. PYMNTS followed up on their 2018 interviews with 150 executives of leading [...]
Financial headlines this week are reporting credit risk management concerns from the Federal Reserve’s latest Shared National Credit (SNC) Program review. Several credit card issuers report increased charge-off [...]
