PYMNTS-MonitorEdge-May-2024

artificial intelligence

In computer science, artificial intelligence, sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans.

Source: en.wikipedia.org

Fraud Decisioning Pulls Ahead In A Tight Race
Fraud Decisioning Pulls Ahead In A Tight Race
December 26, 2019  |  Fraud Prevention

The cat-and-mouse game between law enforcement and code-abusing felons is entering a new year, and a new phase. The world’s biggest social media platforms are...

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Mastercard Acquires RiskRecon To Boost Cybersecurity
Mastercard Acquires RiskRecon To Boost Cybersecurity
December 23, 2019  |  Security & Fraud

Mastercard is purchasing artificial intelligence (AI) and analytics startup RiskRecon to accelerate the development of cybersecurity solutions, Mastercard announced on Tuesday (Dec. 23). Cyberattacks have...

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Chinese Finance Group Calls For AI Regulation In Ecosystem
Chinese Finance Group Calls For AI Regulation In Ecosystem
December 23, 2019  |  Artificial Intelligence

Policy advisers at a leading think tank said that China should introduce a regulatory framework for artificial intelligence in the finance sector, according to a...

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Priceline Uses AI To Stop Fraudsters In Their Tracks
Priceline Uses AI To Stop Fraudsters In Their Tracks
December 19, 2019  |  Fraud Prevention

The $755 billion online travel industry is a honeypot for bad actors looking to use stolen payment credentials to purchase vacation packages and resell them...

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When The Text Message From The Bank Isn’t From The Bank
When The Text Message From The Bank Isn’t From The Bank
December 19, 2019  |  Security & Fraud

In business – and especially in financial services and banking – trust is built up over decades, and can be destroyed in an instant. And...

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Retail Gets Even More Personal As The Year Winds Down
Retail Gets Even More Personal As The Year Winds Down
December 18, 2019  |  Retail

You can count on at least one thing for retail in 2020: Things will get much more personal. Evidence of that comes from the world...

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AI Firm Breaches Facial Recognition At Airports, Stores
AI Firm Breaches Facial Recognition At Airports, Stores
December 16, 2019  |  Security & Fraud

Photos of faces and 3D masks have fooled facial recognition checkpoints at airports, as well as payment systems, but they can’t fool Apple’s Face ID...

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New Facebook AI Doubles Detection Of Fake Accounts
New Facebook AI Doubles Detection Of Fake Accounts
December 13, 2019  |  Security & Fraud

Facebook has been using a new type of artificial intelligence (AI) to identify and delete hundreds of millions of fake accounts, according to a report...

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eBay Releases New AI App For Fast Car Listings
eBay Releases New AI App For Fast Car Listings
December 13, 2019  |  Artificial Intelligence

Online marketplace and auction site eBay has released eBay Motors, a new app that uses artificial intelligence (AI) to list a car in under five...

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