As the pace of AI and ML development accelerates, technology providers are finding ways to better protect financial institutions (FIs) and their consumers. Consumers expect every transaction to be frictionless and instant, while their accounts remain safe from fraud. Today’s AI meets this challenge, enabling increased fraud detection at the pre-authorization stage and higher approval rates.
The payments industry faces an escalating threat from increasingly sophisticated and evolving fraud schemes, yet many organizations still struggle to implement the advanced technologies needed to combat them. In this webinar, we will address the perceived barriers to AI adoption and how to easily overcome them.
During this webinar, you will learn:
- How today’s production-ready AI can be deployed immediately.
- Why many merchants are more concerned about false declines and customer experience than fraud – and how these outcomes can be improved.
- Why adding an AI layer to your tech stack during the pre-authorization phase can save you both time and money.
- How increased accuracy and reduced false positives are achieved through models trained on extensive global intelligence.