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Mastercard leverages AI vs digital payments fraud in Phl
The Philippine Star
|March 20, 2025
As digital payments continue to rise in the Philippines, global payments company Mastercard is ramping up its artificial intelligence (AI)-powered fraud prevention efforts to protect consumers and businesses from financial crimes.
In an interview with The STAR, Mastercard country manager for the Philippines Simon Calasanz said AI has become a game-changer in securing digital transactions and Mastercard is at the forefront of leveraging AI to combat fraud.
The company's AI-driven solution, TRACE, is designed to analyze vast amounts of real-time transaction data, track illicit fund movements and compute mule scores to detect suspicious activities.
Dit verhaal komt uit de March 20, 2025-editie van The Philippine Star.
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