50% Less Fraud? How Amex Uses AI To Automate 8 Billion Risk Decisions

American Express fraud AI ML

There are few bigger targets for cyber criminals than credit card companies. With trillions of dollars flowing through their systems, they’re tempting targets. Which is why the U.S. alone had over 270,000 reports of credit card fraud in 2019, double the 2017 rate.

So what’s a credit card company to do?

Use artificial intelligence to sniff out fraud and block it.

Get the full story in my post at Forbes …

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