One of the most difficult challenges in payment card fraud detection is extreme class imbalance. Fraudulent transactions ...
In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.
In December 2022, The Nilson Report forecasted that bank card fraud losses in the United States would soar to $165.1 billion over the next ten years. These staggering figures are prompting banks, ...
In the fast-moving digital landscape, where gig workers expect instant payouts and companies handle millions of microtransactions daily, the need for robust real-time fraud detection has never been ...