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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.
When a card is swiped, the card issuer sends Spade the data in real-time, and that transaction is linked with a verified merchant identity.
Credit card fraud detection explained: see how banks flag unusual transactions, what triggers alerts and how to protect yourself from unauthorized charges.
Mastercard's AI-powered fraud detection system uses risk-scoring and behavioral biometrics to help identify suspicious transactions.
With 60% of online businesses facing payment fraud, learn key detection and prevention strategies to protect your transactions from evolving threats.
It's great that banks and credit-card companies are getting better at discerning which payments are fraudulent and which are legit.