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Visa Uses AI to Combat $40B in Fraud Amid Rising AI-Driven Scams

Visa employs AI and machine learning to combat fraud, according to James Mirfin, global head of risk and identity solutions. From October 2022 to September 2023, Visa prevented $40 billion in fraudulent activity, nearly

28 Jul 2024 · 2 min read

AI scams

Visa Uses AI to Combat $40B in Fraud Amid Rising AI-Driven Scams

Trending today

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Blackstone Positions Itself at the Center of AI Financing as Neocloud Debt Concerns Grow

AI scams

Visa Uses AI to Combat $40B in Fraud Amid Rising AI-Driven Scams

Trending today

Walmart Opens Its Doors to AI Shopping Agents With New Agent Gateway

SpaceX Returns to Profit as AI Business Drives Over Half of Third-Quarter Income

Indurex Raises €7M to Bring Engineering Intelligence to Critical Infrastructure and Industrial Operations

Therna Unveils AI Platform to Study RNA and Design Candidate Medicines

Blackstone Positions Itself at the Center of AI Financing as Neocloud Debt Concerns Grow

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