Infusing AI and intelligent workflows to fight fraud faster at greater accuracy
Fraudulent payments are growing in volume and dollar amount as consumers embrace new payment options like real-time payments and person-to-person (P2P) payments. Fraud detection solutions currently in use and process workflows were not designed to meet the demands of these new payment channels resulting in low fraud detection and high false positives.
Financial institutions and payments processors are racing against time to deploy AI technologies and data science techniques to extend fraud management coverage to some of the most demanding payment environments across the globe by infusing AI and intelligent workflows. Hear from and discuss with experts who are driving such initiatives.