I’m curious what they use currently because about a month ago, I used one of my debit cards I rarely use at a fast food restaurant and a few hours later, they tried buying some random crap online but they blocked those attempts. But my use at the fast food place wasn’t blocked. My guess is that the fast food workers at the drive thru skimmed my card and tried using it later that day.
I was surprised they were so accurate at detecting and blocking it. The transaction never went through or showed up on my side and the bank called me as soon as it happened.
Isn’t that what credit Card companies do daily? Like we optimize all of computing and networking just to handle these at nano second speed.
this will allow them to fire more people
Well, I mean no, because it is already automated.
yea it’s automated until people dispute an unflagged charge, or object to a charge marked as fraud
Businesses embracing comprehensive machine learning (ML) tools and strategies can observe up to an estimated 40% improvement in fraud detection accuracy
