Meta is combating fraud ads that exploit celebrity images and mislead users into clicking on links that might lead to scams by bringing back facial recognition technology on its platforms.
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Meta is partnering up with banks in the United Kingdom to combat fraudulent activities on Facebook, Instagram, and WhatsApp with the help of the FIRE program.
The Telecom Regulatory Authority of India is working to limit text message spam and financial frauds that occur over phone using artificial intelligence and machine learning models.
Facing a massive increase in mobile payments and consumer demand for real-time processing, these systems are struggling to keep up with time-sensitive, high-volume data. Learn more today.
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Microsoft and Mastercard have announced enhancements to the latter's Digital Transactions Insights solution, which now has "next-gen" identity verification and real-time decision-making capabilities.
IBM has introduced its new Telum processor at the annual Hot Chips conference. The processor is IBM's first one that can do on-chip acceleration for AI inferencing during a transaction.
