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Business > Foreign Business
AI to help Mastercard detect stolen cards
By Associated Press
May 23, 2024 12:11 am

NEW YORK — Mastercard said on Wednesday that it expects to be able to discover that your credit or debit card number has been compromised well before it ends up in the hands of a cybercriminal.

In its latest software update rolling out this week, Mastercard is integrating artificial intelligence (AI) into its fraud-prediction technology that it expects will be able to see patterns in stolen cards faster and allow banks to replace them before they are used by criminals.

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