Monday, December 16, 2024

Fiserv: Debuts AI-based card fraud detector

  • Fiserv, Inc. aspires to move money and also information in a way that moves the world
  • Also introduced a first-of-its-kind intelligent fraud detection solution for card issuers of all sizes
  • Designed to help minimize fraud losses while maximizing legitimate cardholder spend for a full range of card types
  • Advance Defense℠ from Fiserv  powered by cognitive artificial intelligence (AI)
  • By staying nimble with Advance Defense, issuers can reap the benefits of increased revenue, better data access, improved operational efficiencies
  • By staying nimble with Advance Defense, issuers can reap the benefits of increased revenue, better data access

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