Tag: fraud detection
Using Big Data to Fight Credit Card Fraud
by Claire Wang on July 21, 2018 4:56 pm
According to research payments group Javelin, 15.4 million consumers experienced identity theft or fraud in 2016, amounting to more than $16 billion worth of theft.[1] As fraudulent credit card purchases grow, the onus is on credit card and payments companies to take action: the Fair Credit Billing Act states that credit card owners are liable… Read more Using Big Data to Fight Credit Card Fraud