Brighterion
blog
Category: Acquirer & PSP fraud
2023 financial fraud outlook: How AI can combat new and upcoming schemes
Major industry players like Google and Amazon, as well as upstarts like OpenAI, released cutting-edge innovations that capitalized on AI’s revolutionary potential in 2022. But AI-powered security applications — which can detect transaction fraud, develop [...]
Is global intelligence the answer for secure payment systems?
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 a pulse” on the industry’s appetite [...]
Transaction fraud: ghosts of winter holidays past, present and future
Black Friday and early holiday shopping are known for good deals, a kick-start to the holiday season – and often transaction fraud. E-Commerce is at particular risk, as the busy holiday season offers increased opportunities [...]
Seven card-not-present fraud trends and ways to manage risk
E-commerce continues to thrive, even as COVID-19 restrictions lift on traditional brick and mortar businesses. However, as e-commerce grows, so do opportunities for cybercriminals to perpetrate new and increasingly complex CNP fraud schemes. Payments fraud [...]
Explainable AI: from black box to transparency
Financial organizations and their customers want to learn more about how AI works, citing the “black box” of AI as a complete mystery. With black box models, it’s not clear how scores are generated or [...]
