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You’re sitting at home minding your own business when you get a call from your credit card’s fraud detection unit asking if you’ve just made a purchase at a department store in your city. It ...
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.
If notifying your credit card company about an upcoming trip is on the to-do list, you may be able to skip this task. Using new fraud detection technology powered by machine learning and ...
Consumers' credit cards are declined surprisingly often in legitimate transactions. One cause is that fraud-detecting technologies used by a consumer's bank have incorrectly flagged the ...
Credit card fraud is a major source of financial trouble for consumers and banks. According to a 2023 Federal Trade Commission report, credit card fraud was the most common form of identity theft ...
It's great that banks and credit-card companies are getting better at discerning which payments are fraudulent and which are legit.
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