As more financial transactions move online, organizations are faced with the challenge of ensuring payment methods are safe, secure, and private, as well as being able to differentiate between legitimate customer behavior and fraudulent activities. For Visa, advanced analytics and artificial intelligence plays a significant role.
The shift to digital commerce – driven partly by pandemic-related lockdowns and restrictions but also because organizations are introducing new offerings as part of their digital transformation initiatives – have transformed how money moves around the world, says Dustin White, chief risk data officer at Visa.
