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Harnessing AI for Fraud Prevention in Payments Industry

Overview

Date 11:25 AM - 12:15 PM (0 hours 50 minutes)
Tuesday, April 28
Track
AI-Driven Innovations and Strategies
Event
In-person

The AI revolution is reshaping the payments industry, empowering organizations to enhance their operations and security measures. With 60% of companies adopting AI-driven solutions and AI integration in payments expected to grow at a CAGR of 42% over the next five years, understanding AI fundamentals is crucial for payments professionals. Join us for an insightful session on navigating the evolving AI landscape. We'll delve into AI's rapid emergence and the pivotal role of data in driving innovation within the payments sector. Discover how AI, through advanced machine learning, is transforming the industry by analyzing vast datasets, identifying patterns, and adapting to new challenges in real-time. We'll also explore the proven value of scoring methodologies used by card processing providers and merchants for years. These methodologies offer a robust framework that organizations can use AI to enhance and achieve a comprehensive approach to optimizing payment processes.

Speakers:

Vincent Meluzio
Vincent Meluzio
Treasury, Payments, Trust & Safety - Product Solutions Specialist Lead
J.P. Morgan