Mastercard introduces Decision Intelligence, machine learning-enabled solution providing decision and fraud detection services

Briefing

Mastercard introduces Decision Intelligence, machine learning-enabled solution providing decision and fraud detection services

December 1, 2016

Briefing

  • Decision Intelligence – Mastercard launches comprehensive solution using artificial intelligence technology to help financial institutions increase real-time approvals for genuine transactions, reduce false declines, and deliver overall better consumer shopping experience
  • Current Solution – Decision-scoring products currently available focus primarily on risk assessment, working with predefined rules, unlike Decision Intelligence’s broader assessing, scoring and learning from each transaction
  • Expected Outcome – Aims to enhance company’s World Elite platform, combatting negative effects of increasing false declines for both consumers and merchants

Accelerator

Sector

Financial Services

Organization

MasterCard Inc.

Source

Original Publication Date

November 30, 2016

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