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Mastercard Says AI vs AI Will Be Fraud Prevention’s Future
pymnts.com·13 days ago

Mastercard reports that AI is driving 'unprecedented' levels of fraud and cybercrime, creating an arms race scenario where AI-powered attacks must be countered with AI-powered defenses. This highlights how AI capabilities are being weaponized for financial crimes at scale, forcing the industry into a reactive AI vs AI escalation cycle.
fraudcybercrimefinancial-securityai-arms-racepayment-securitymastercard