According to a recent press release, “Mastercard today announced an agreement to acquire RiskRecon, a leading provider of artificial intelligence and data analytics solutions to support companies in protecting their cyber systems and infrastructure. In a rapidly evolving digital world, cybercrime is a pertinent threat to business. Large-scale data breaches and ransomware attacks place billions […]
Oversight Systems and Mastercard Align on Data Analytics for Government Agencies
by Angela Guess According to a new press release, “Oversight Systems, Inc., a leading operational expense analysis company, today announced that it will align with Mastercard to provide data analytics and fraud detection to federal agencies that participate in the General Services Administration’s (GSA) SmartPay initiative. Leveraging existing Mastercard-branded purchase, travel, fleet and integrated card […]
Mastercard Rolls out Artificial Intelligence across Its Global Network
by Angela Guess A new press release reports, “Mastercard today introduced Decision Intelligence, a comprehensive decision and fraud detection service. The solution uses artificial intelligence technology to help financial institutions increase the accuracy of real-time approvals of genuine transactions and reduce false declines. This is the first use of AI being implemented on a global […]