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Visa turns to AI to help cut fraud

BetaNews LogoBetaNews1d ago

Visa turns to AI to help cut fraud - BetaNews

Quick Summary:

With fraud on the increase and more sophisticated attack methods being used, payments company Visa is turning to AI to help businesses and financial institutions fight back.

It's introducing ARIC Risk Hub, developed by Featurespace -- a company recently acquired by Visa -- which uses adaptive AI to build profiles around genuine customer activity making it easier to spot suspicious actions.

It learns customer behaviour allowing organizations to maximize approvals while stopping bad actors instantly.

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Article Details

Author / Journalist: Ian Barker

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 14:21:05 (1 days ago)

News Timezone: GMT +8:00

News Source URL: betanews.com

Language: English

Article Length: 297 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BetaNews

News ID: 27565192

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About BetaNews

BetaNews Logo

Main Topics: Technology

Official Website: betanews.com

Update Frequency: 6 posts per day

Year Established: 1992

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #58

Publisher Details

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How long will it take to read this news story?

The story "Visa turns to AI to help cut fraud" has 297 words across 13 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "Visa turns to AI to help cut fraud" was covered 1 days ago by BetaNews, a news publisher based in United States.

How trustworthy is 'BetaNews' news outlet?

BetaNews is a fully independent (privately-owned) news outlet established in 1992 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 6 news stories per day.

It's most recent story was published 13 hours ago.

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  • News ID: #27565192
  • URL: https://chronographically.beamstart.com/news/visa-turns-to-ai-to-17436901076264

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