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Mastercard announces new AI suite with behavioral biometrics to fight fraud
April 25, 2024, 9:23 p.m. | Joel R. McConvey
Biometric Update www.biometricupdate.com
Large financial institutions are coming to terms with the new world of tech-driven fraud and adopting digital identity tools as an increasingly necessary defense – but also for customer service, accessibility, and other use cases. Mastercard has launched a new suite of AI-driven tools to protect customers against scams. LexisNexis Risk Solutions is reporting a correlation between spiking fraud rates and customer trust. And Feedzai is seeing significant growth in its behavioral biometrics business.
Mastercard AI security suite aims to …
accessibility behavioral biometrics biometrics biometrics news cases coming customer customers customer service defense digital digital-identity entersekt feedzai financial financial crime financial institutions financial services fraud fraud prevention identity institutions large lexisnexis mastercard protect scams service tech terms tools use cases world
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