What role does AI play in securing cross-border payment platforms against fraud and attacks?
Share
Questions & Answers Board – CyberSecurity
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
What role does AI play in securing cross-border payment platforms against fraud and attacks?
AI plays a crucial role in securing cross-border payment platforms against fraud and attacks by enabling the detection of unusual patterns and behaviors, analyzing vast amounts of data in real-time to identify potential threats, and enhancing fraud prevention capabilities through machine learning algorithms that can adapt to evolving fraud techniques. AI can help in risk assessment, fraud detection, transaction monitoring, identity verification, and overall security measures to protect against various types of attacks and fraudulent activities in cross-border payments.