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Mastercard develops proprietary AI model to enhance fraud detection

 1 year ago
source link: https://nextbigwhat.com/mastercard-develops-proprietary-ai-model-to-enhance-fraud-detection/
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Mastercard develops proprietary AI model to enhance fraud detection

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Mastercard develops proprietary AI model to enhance fraud detection

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  • Mastercard has developed a proprietary generative AI model, Decision Intelligence Pro, to help banks detect fraudulent transactions.
  • The AI solution, a recurrent neural network, was built in-house by Mastercard’s cybersecurity and anti-fraud teams.
  • The model is trained on data from approximately 125 billion annual transactions, enabling it to predict fraudulent activities.

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