Mastercard has launched new AI-powered Merchant Trust Services to help assess and monitor merchant legitimacy across its network. The company introduced a Merchant Scam & Risk Indicator system to help ...

AI is one of the best tools credit card networks have in their battle against fraud, but there are also steps you can take to protect yourself. Evan Zimmer has been writing about finance for years.

Credit card authentication is a way of verifying that a person attempting a credit card transaction is who they say they are and that they are authorized to use that card.

For instance, Mastercard’s network processes roughly 160 billion transactions a year, and experiences surges of 70,000 transactions a second during peak periods (like the December holiday rush).

With hacks at credit reporting agencies, corporate data breach scandals and a constant influx of new phishing scams, banks and other scams, credit card issuers are becoming increasingly vigilant about ...

Whether it’s fake delivery texts, fraudulent online storefronts, or criminals using AI-cloned voices to fool your bank’s phone security systems, fraudsters are getting more sophisticated—and bolder.

From car insurance to candy, and books to booking vacations, we spend increasing amounts of time and money on the internet. But the risks associated with transacting more and more of our lives in the ...