Mastercard Boosts Fraud Fighting with GenAI

Article

Mentioned Companies:

Mastercard Boosts Fraud Fighting with GenAI

Decision Intelligence, a value-added authorization service from Mastercard, reviewed 143 billion transactions in 2023. To increase the speed and accuracy of its fraud fighting capabilities, Mastercard has added generative AI to the algorithm and now calls the service Decision Intelligence Pro. Over the past 15 years, thwarting criminals has involved the deployment of ever-improving algorithms. Initially, algorithms were entirely rules-based and declined transactions automatically when spending limits were exceeded or the transaction amount exceeded a hard-coded threshold when presented to c...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

Nilson Report

1258

February 2024

Headlines in this Issue

Charts in this Issue

Eight Largest US Issuers of General Purpose Credit Cards—Ranked by Purchase Volume in 2023

Comparison of General Purpose Card Issuers 2023 vs. 2018

The 30 Largest US Credit Card Issuers–2023

Market Shares of the 5 Largest Credit Card Outstanding Portfolios

Largest Acquisitions in the Payment Card Industry

Market Shares of Outstandings at the 5 Largest US General Purpose Credit Card Issuers since 2010

Top 15 Mastercard and Visa Credit Card Issuers in the US–Ranked by Outstandings 2017 through 2023

Top 50 Mastercard and Visa Credit Card Issuers in the US

Publicly Traded Companies in Payments, February 26, 2024

Mentioned Companies:

Mastercard Boosts Fraud Fighting with GenAI

Want to read more?

Newsletter

Nilson Report

1258

Our Promise.