Mastercard Boosts Fraud Protection with AI-Powered Solution in the UK

Mastercard Boosts Fraud Protection with AI-Powered Solution in the UK

Mastercard has enhanced its Consumer Fraud Risk (CFR) solution, leveraging advanced AI to empower UK banks with real-time fraud detection capabilities. This move aims to combat the growing threat of Authorised Push Payment (APP) scams, which cost UK consumers £460 million in 2023. The upgraded CFR solution provides banks with deeper insights into potentially fraudulent transactions, allowing them to intervene before scams are executed, ultimately safeguarding consumers from financial losses.

Hurricane Helene Threatens Cuba, Mexico, and the US Gulf Coast

Hurricane Helene Threatens Cuba, Mexico, and the US Gulf Coast

Hurricane Helene, a powerful Category 3 storm, is rapidly approaching the US Gulf Coast, bringing with it the potential for devastating impacts. The storm has already impacted western Cuba with tropical storm conditions and is now threatening Florida and the southeastern US. Authorities and airlines are urging residents and travelers to stay informed and take necessary precautions as Helene intensifies.

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