2023-11-14 11:08:17.AIbase.3.1k
Visa Leverages AI Defense Systems to Combat Online Fraud During Holiday Shopping Season
As sales surge during the holiday shopping season, Visa faces an increase in cybercrime attacks and employs artificial intelligence tools to prevent fraud. With an investment of over $3 billion, Visa has built a robust anti-fraud system that analyzes transactions in real-time and assesses 500 unique risk factors. Despite using AI to combat crime, Visa emphasizes the crucial role of human intelligence in collaboration, working with merchants and other entities to address potential fraud.
