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The rise of LLMs and Gen AI is enabling organizations to bolster their defenses against an onslaught of payment fraud.
Organizations lost $60m on average in the last year as a result of payment fraud, according to a recent Mastercard-commissioned survey.
Generative AI is helping bad actors automate fraud on a massive scale. The good news? Organizations are tapping into AI to prevent fraud, protecting their customers —
and their bottom line — from millions in losses.
This latest report from Mastercard and Financial Times Longitude surveys 300 senior executives to
uncover how they’re approaching it.
In this report, you’ll also get:
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Industry-wide insights into how payments leaders are using AI to boost fraud detection and response.
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Peer perspectives on the challenges, benefits and future outlook of AI.
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Benchmark data on AI investment priorities, use cases and effectiveness across different segments of the payments ecosystem.
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