Nuno Sebastiao

Feb 18, 2025 | ffnews.com | Lauren Towner |Johan Gerber |Nuno Sebastiao |Julie Conroy

Mastercard and Feedzai, an AI solution provider in financial crime prevention, today announced they are joining forces to make it easier for more banks to identify and stop scams, protecting consumers and businesses globally. As payments continue to evolve, fraudsters are increasingly using AI to scam consumers. This cost more than $1 trillion[1] last year, with more than 50% of consumers saying they had encountered a scam at least once a week[2].