Mastercard is using AI to help detect and prevent credit card fraud. The company says the tech can flag unusual patterns and block fraudulent transactions. This article is part of "AI in Action," a ...

A new machine learning breakthrough outperforms traditional methods by reducing false positives and minimizing cases needing further inspection, crucial for sectors like Medicare and credit card fraud ...

Credit card fraud is the most common form of identity theft, according to the FTC. Nearly 450,000 cases of credit card fraud were reported to the FTC in 2024, and 416,579 cases were reported in 2023.

Be it new generations of artificial intelligence or increasingly skilled threat actors, fraud continues to be a massive thorn in the side of banks and credit unions across the U.S. New research from ...

MANATEE COUNTY, Fla. — The Bradenton Police Department is ramping up its efforts to stop scamming in the area, specifically credit and debit card scammers. Recently, the department received a grant ...