Day: April 9, 2025

Fraud Prevention in Payments: How Machine Learning Is Enhancing Security

Introduction The digital payments landscape is experiencing unprecedented growth, fueled by the increasing adoption of online shopping, mobile banking, and contactless transactions. Ralph Dangelmaier says, this rapid expansion, however, presents a significant challenge: a corresponding rise in fraudulent activities. Traditional fraud detection methods are struggling to keep pace with the sophistication and volume of these attacks. […]