The Challenge
Need to detect payment card fraud (like card-testing attacks) earlier to prevent fraud before it happens.
The AI Solution
New generative AI and graph analytics system to analyze network transaction patterns and spot subtle signs of card fraud in real-time.
Type of AI Used: Generative AI + Graph Machine Learning
Results & Impact
Launched mid-2024, it doubled the detection rate of compromised card details before fraud occurred. The proactive system means fewer fraudulent transactions and fewer false declines.
