The key challenge in credit card fraud detection lies in the imbalance between legitimate and fraudulent transactions. Fraud cases typically represent less than 1 percent of total transactions, ...
Artificial intelligence has been a crucial part of the industry for decades, and more uses of the technology are coming — including, maybe, AI agents that make purchasing decisions for you.
Abstract: In recent years, the increasing use of credit cards has led to a dramatic rise in fraudulent transactions. Identifying credit card fraud is crucial for preventing financial institutions and ...