Brighterion
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Category: Issuer omnichannel fraud
AI reduces acquirer fraud and ongoing merchant risk
For the latest AI Innovators interview, we asked Eusong Huynh, Vice President, Customer Success, about acquirer fraud. He explained the shifting ecosystem and why early detection is more important than ever before. With card-not-present [...]
Unlocking AI playbook reveals AI use by FIs up 70% in just over a year
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 U.S. banks and credit unions to [...]
Credit card debt in U.S. reaches a record $930 billion
Credit card debt rose to $930 billion in Q4 2019, higher than the previous peak just before the financial crisis in 2008, reports the Federal Reserve Bank of New York. Serious delinquencies rose, too, [...]
AI plays key role in fraud detection, say fintech writers
To help financial organizations understand fraud detection, fintech journalists highlight key features of artificial intelligence tools Back in June, we reported research by PYMNTS.com, that found only 5.5 percent of the 200 financial institutions [...]
Brighterion receives “Best Use of Payments Data or AI in Financial Services” at Emerging Payments Awards
Brighterion is honored to receive an award from the Emerging Payments Association recognizing our innovative AI technology When the Emerging Payments Association makes its shortlist of award nominees, it’s looking for innovation and collaboration. [...]