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Visa: AI Helped Block 85% More Fraud on Cyber Monday

  • Visa's artificial intelligence (AI) and machine learning capabilities blocked 85% more suspected fraud globally on Cyber Monday compared to the previous year.
  • Visa's investment of $11 billion in fraud prevention technology over the past five years has paid off in thwarting fraud attempts.
  • The Visa Account Attack Intelligence Score, a tool leveraging generative AI, helps detect and prevent fraud in real-time.
  • Financial institutions using AI and machine learning experience fewer instances of common fraud compared to those using traditional fraud prevention tools.

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